Unless you are going for a specific look, there’s no reason for an expensive toilet.

I'd be happy to connect further regarding your questions about more specific and nuanced details. 

Are there specific qualities or terms you look for that make the relationship a good fit for your investment strategy?

I'm not familiar enough with RDU to give you specific areas or submarkets. 

In my area specifically most investment type property listings are properties that were purchased 1 to 2 years ago.

Not sure of specifics.

Has anyone had experience using this financing, or can recommend a similar financing alternative without the overhead of joining an inner circle?

That's not exactly a good alternative to sub to. 

Quote from @Joshua Janus: Cleveland, Ohio is a great market to focus on for cash flow and specific pockets have gone up 2x and upwards of 4x in the last 5-10 years even!

This doesn't replace the need for a MSA that will capture additional clauses needed on a Contractor-SubContractor relationship, this is just a project specific form you would use in addition to the MSA (prepared by your Attorney):This template is for informational purposes only and does not constitute legal advice.