I would think in this type of a property you would need to be prepared to come out of pocket the entire renovation amount. 

For quick sale we are prepared to sell at the 1% rule of current rents and will consider owner financing with 20% down (30 year @ 7% w/ a balloon between 3-7 yrs). 

We’d be happy to chat and even set you up with a risk-free test drive if it feels like a good fit!

And in reality, while I have never had to test the strength of my LLC, if you are being sued, any half decent attorney will try to pierce your corporate veil anyways and try to get to you personally anyways.  

I received the following email today.Good Afternoon,Be prepared!

However, once i hit my goal and preparing to break ground on new construction, having a plan seems to help me better than shooting from the hip.

Even if your consultation  says you should be fine, are your prepared to pay an attorney to fight this if necessary?

Renovated with cosmetic updates for immediate rental income, it offers strong cash flow while preparing for more extensive repairs and the addition of an ADU.

I've been fortunate that I haven't lost money lending through my retirement accounts....yet......but I have lost money lending outside of it.The more lending you do, the more likely it is that someone will not pay you back so just be prepared for that.

I moved into the property while getting it prepared for the next season so I could quailify for better loan options.