Would you hire a single GC for all the projects, and give him total control?

I'm probably missing a thing or two but that's fine.This year we hired a controller to help keep everything running smoothly.

It's important to know and consider the max rent potential, cost of rehab, and municipal requirements (rent control, registrations, inspections).

And since you control the phone number, if you need to change people its easy to simply change the login without having to issue new instructions to the tenants.

Basically establish more controls.

You have very little control over the use of the property, the HOA and costs, especially when it comes to capital expeditures and improvements. 

They probably prefer a more active control of their investment or are probably doing deals on their own. 

@Adaze Foltz  Benefits:Direct to the source; more control over the receipt of the funds (initial and any rehab draws); able to not just establish a relationship, but also perhaps gain referrals of other private lending sources (those that are happy with the returns and payoffs - talk (boast) to their friends); faster to the table; can negotiate the terms (rate, when payments are made, other fees and when they are paid, etc.); usually nothing reported to credit bureaus.Risks:Using up the private sources money (tapping them out); The private lender didn't receive their payoffs on other loans as anticipated so they are short of funding your deal(s). 

There are some non-financial reasons for having to buy a new construction that are out of my control, but I'm looking for advice in helping me decide the best route between 3 options (purchase will be all cash): Option 1: 3 bed/ 2.5 bath townhome in Wesley Chapel (near the lagoon). 

While RTR cannot control any one particular builder, market changes, interest rate changes, etc. we are certainly here to offer guidance and resources however needed.