If they just represent first time single family home buyers and aren’t constantly finding off market properties and reviewing deals, you’ll find a better investment through someone else. https://www.kiavi.com/blog/out-of-state-real-estate-investinghttps://learn.roofstock.com/blog/out-of-state-real-estate-investing

I work for a direct lender and we provide financing in Indianapolis along with 35 other states so I can guide you through the nuances across various states.

Are there specific lenders which are easier to work with for small multi projects?

Also, consider working with lenders who specialize in multifamily financing to ensure you're prepared when a deal comes up.If you need financing options or guidance on structuring a multifamily deal, let me know.

From investor friendly agents, lenders, escrow companies, anyone for a new wholesaler and soon investor. 

If I add up all the lender fees and my holding costs—like points, origination fees, and interest —I can figure out how much profit I’ll make and what my maximum offer should be.

Brett,I have never heard of that company but any reason why your not using an FDIC Bank or well known lender? 

Another downside is you loose on the advantages, of the Federal Tax Code, by not closing in the name of a LLC (you can elect to have a LLC taxed, as a S Corporation which is a whole other conversation).If you want to close in the name of a LLC, Mortgage Lenders will offer you Commercial Loan Terms (25-30% down, a 15-25 year amortization, and a ballon due in 5-7 years).

During this renovation period would you, as the lender, want an Actual Cash Value or Replacement Cost policy in place?

Review the agreement for how the UPREIT will work very carefully.