Our company focuses on the BRRRR strategy so we can continue to recycle our cash to scale.

Have others structured similar deals, and if so, what worked well (or didn’t)?

There are so many.

We are cementing our growth strategy as a local and regional builder and looking to grow into subdivision development so we control more land but wanted to seek advice in the forums about this. 

Just because you non-renewed them does not mean they will move out at the end of their lease, so you need to protect yourself. 

I've been in his JV course over the past six months or so and have learned quite a bit. 

If you're willing and able, I do recommend the "house hacking" strategy which is just a fancy name for buying a rental property and living in one of the units, because you'll get very favorable financing - an owner-occupied fixed-rate 30-year mortgage.I'd also say, analyze that property as if you won't live there and it's a pure rental, and make sure the property is still cash flow positive if there's a tenant in your unit because then you'll know if it's actually a good investment.And when you analyze it, include payment of a property manager in your #s because if you don't, and doing so would make it go cash flow negative, then you've just bought yourself a job because you literally can't step away from managing it without losing money.

So that the wholesaler can make some money.

I furnish and provide amenities that warrants this so I do a lot of work to find comps in this particular space.  

You're project is small so expect a 20% fee.