So for a self-managed investment project, our gross profit is around $4690 a month.

Non-profit or not, it will be UW as a business...the non-profit designation doesn't eliminate the lending review, just makes the proceeds non-taxable in order to be put to charitable use.

It sounds like this team wasn't doing that, and therefore they weren't organized enough to serve you well.

Our fees are not based on the profit or value of the project. 

I have found a profitable niche between 8-50 units where larger investors do not focus and there is great upside that is addressable with the property management business capabilities.

All they had to do was finish the work, sell the property, and they would get all of their money back plus profit. 

If I did my math correctly, on a 3,600 SF triplex where you buy the land for $150k, you generate a gross profit of about $84k (based on a $140/sf build cost and sale price of $205/sf), before you pay interest on any borrowed funds or closing/commission costs.

A free property is great... but if you find a deal good enough to BRRR (which can prove challenging) take that profit and invest it into a revenue generating activity.

hey @Matthew Toporowski, at the least I would check their financials/tax returns to see how profitable they are (which translates into how easy it will be to pay your rent).

My role has taught me the importance of managing systems, understanding finances, and staying organized—skills I’m eager to apply to real estate investing.I’m a newbie in the real estate world but deeply motivated to learn and take action.