@Charles Chester if you're wanting to get into this niche, it will be easiest to start with a smaller development and be prepared to bring a good % of capital into the deal by yourself, with partners, or with private $ to help get the bank on board with it. 

Get a good CPA with experience in this area on board to help you navigate through your strategy. 

I am an owner  with 3 partners who are all on board.

The investors would only be providing capital, and in exchange, they would receive the majority of equity in the deal.I've read on the forums that it is best to look for investors and deals at the same time, which is what I've decided to do.My question is, what is the best way to get a busy investor on board if I don't have a deal yet?

Has anyone any experience taking over management of a new build OR outsourcing management of your new build?  What sort of management agreement did you come up with?  What was the escalation of payment fee before open...

My wife isn't quite on board with house hacking and insists we jump right into "her home" and isn't seeing the bigger picture with me....😑.

If Mpls jumps on board they will hopefully learn from STP.I like your creativity - 

Great you have you on board. 

Onboarding set up was good, Evolve even provided a professional photographer.

Make sure your attorney is on board with everything, of course.It would only be a "bad investment" if the final Purchase Price plus repairs puts you above what you could reasonably expect from appreciation in your 10 year window of ownership.My $0.02 ...