I have a question and would really appreciate your input.I’ve done a couple of fix-and-flip projects in the past using hard money lenders, but I’ve noticed that their fees and interest rates significantly cut into my profits.

They can provide access to off-market deals and connect you with a network of contractors familiar with BRRRR projects. https://www.biggerpockets.com/business/finder/agentsProperty Manager - Choose a PM with Section 8 expertise to ensure smooth tenant placement and compliance with inspections and rent guidelines. 

Good guy, little forgetful, but I wish we hadn't inherited this arrangement and it is tough to retract it. 

You only get a sense of this by meeting face-to-face once or twice.A bad borrower can kill a great project.

Hey , yea thinking more on this, having other positions would be a tough sell.My strategy for substitution of collateral is to get better debt terms on an investment I want to buy.Ex.

@Chase McArthur would you mind sending a copy of the analyzer you use for financial projections?

You can learn just about anything you need to complete a small project off YouTube and with the right tools.  

For a truly passive experience you'd probably need to be an investor in private equity deals or be a silent partner on a project.

In your 'assumptions' and projections, Would you rather...1.

The place where you can add value with no money is a situation like: you find project A, it is a 120k purchase and it should need 80k rehab but you can get rehab done for 65k cause you can do some of the work and you know how to save on materials and you can manage the rehab.