So, if you're OK with that, then it sounds like a good deal.

, and I’d love to connect with others who are interested in structuring deals the same way. 

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

I would also add, a contractor that you can buy materials for and they know how to put them in with little to know direction (reduces the management time of the project).

It's still possible to BRRRR now, but the deal has to be muuuccchhh better and those are just much harder to find.People are still making it work in real estate though, primarily by getting more creative and often needing to add even more value to make the numbers work.

I currently have a portfolio of SFH in Indiana and will always jump on a good deal for a SFH but I have been considering scaling up into multifamily commercial real estate (apartments, etc.)

If you want to be an active investor, get some knowledge about things you will be dealing with.

The first type is more hands on, direct engagement with the tenant and the property, the other one is more hands off, and work at a distance. 

If you’re just starting out or doing small-scale deals, it might not be urgent.

If it is a direct lender you are able to work to find more favorable terms because they usually determine their terms on a deal by deal basis.