Hi everyone,I’m a Real Estate Advisor for a company that provides turn-key investment properties for investors who want to own assets but prefer to avoid the day-to-day management.

A conventional renovation loans will allow you to use preferred contractors, requirements are they must be simply licensed and insured.  

It's not a big gripe but it is a preference not to disclose it.

Moreover, it allows you to set the terms of the lease agreement according to your preferences, which can help prevent misunderstandings and disputes in the future. 

My current preference is the first option as I’d like to minimize our oversight, but any perspectives on this matter?

I don't think that I'd personally trade that in for STR or multi family, the hassle of people is much more than dealing with the hassle of a warehouse business at least in my mind.but if the cash gets your overall portfolio to a place you'd prefer more then go for it, but personally the current deal sounds awesome.  

Brand preferences ?

The investors who prefer to lend privately rather than hold equity positions would receive promissory note tied to an individual property that their contribution is tied to?

To be more specific about what i'm looking to do: My 1-2 year goal is to employ the BRRRR strategy with SFHs and Condos by buying distressed / highly undervalued properties that need work (preferably all-cash) in low crime areas with strong rental demand, renovate them within budget (again preferably all-cash) and get them rent ready before refinancing them at the highest ARV possible.

Apparently they take preferred interest in your company or have you sign a UCC cash flow agreement.