If you are looking for true private money (no broker fee or points) most will not lend at a high leverage. 60-65 LTV max Now if you have experience, plenty of reserves, and the deal can be 100% financed based on the ARV, then you can present it to a hard money lender and they may feel comfortable doing it. 

Make sure you use net cash flow, so you are accounting for maintenance, repairs, cap ex, vacancy, and property management; based on the numbers you provided your net cash flow is probably less than $1k per year. 

Based from your experience, is it better to keep the pool or retire it?

Look for equity growth and purchase based off total ROI not just cashflow.

Based on this information what is the best path forward to be able to push to get the money returned in full to all investors.

I continue to hear from investors who want opinions on elaborate webs of entities yet fail to  establish appropriate risk management procedures.

On the flipping side hopefully they will let you shadow them and see how they run the numbers, where the money comes from, inspecting the property, closing procedures, hiring the contractors or instructing their own on what needs to be done, buying the materials, and getting it done and sold.

Just trying to get a better understanding of the type of policy/agreements I need to cover all bases. 

If we were to turn our current home into a long term rental based on comps we would be in the positive around $700-$900 a month.

Although a metal building similar to Self-Storage in concept, totally different customer base. 25 by 45-foot bays, with 14 foot roll up door and a walk thru door, with light electric.