This means taking days off of work to handle business, dealing with the subs and any deficiencies they may have, spending time dealing with the city, for both permits and inspections.Having GC doing everything won't entirely eliminate your time cost, but it can mitigate it to an extreme degree.My take is that if you are confident that you can be as fast as the GC in handling everything and there is no negative impact to your other business then by all means do it.

But I'm not sure how I would structure these deals or if I could even get these deals!

How would you suggest going about finding a deal and managing it out of state.

. - any cost accounted for prior to permit) should be considered as equity in the deal once ready to build. 

And, know this: what you don't know will hurt you. 

Some states make it relatively easy to track down off-market deals, while others require a lot more creativity and persistence. 

With the idea you get your 6k back when fund deal/deals  MLM all the way sell the futures and the deals that Cogo did pay me off on as you stated took forever to fund and the rates were even higher than mine :)  Its just a very good Guru selling his stuff we all know they make the money selling the 6k how to become a lender. :)  

That is the skinniest deal I will even consider.

More critical to your success will be putting together a team and finding good deals.

What made you interested in investing in this type of deal?