The PM business is not an easy business and most have fair fees for the work that's required.  

ya to be fair here.. with this type of land there is no HOA  No utl search etc.. but I was still pretty stunned..

House have good layout, good area, great schools, price point was fair for that area.

We have project management software, Buildium, so the day-to-day tasks there are fairly well taken care of. 

For a partnership where you're providing all labor and the broker is funding the deal, a fair split typically ranges from 30-50% for you and 50-70% for the broker, depending on the value and complexity of your labor versus the financial risk they're taking.

A fair warning, you'll be wading through complicated info.  

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I'm fairly certain you have to be licensed for a specific number of years before you can be mortgage broker.

The "fine print" here is fairly sizeable upfront fees and high interest rates, relative to a traditional construction loan from a bank.  

At the time it was fairly easy to find properties that needed enough rehab that you could really force up the ARV.