With that said, if you're not at that stage, it can be very frustrating if you're trying to have some simple funtionality here and there; this might be a good use case for a "out-of-the-box solution".With this said, I know how you feel.

I do agree that one should not charge excessive rates. 

I’m currently in the phase of learning the NUMBERS and Percentage for cash buyer. What
is a good net RIO Annually

So, when we have excess, we wholesale some, flip some, and sell some turnkey to out-of-state buyers who prefer to pay a little more to have no up-front repairs, and a turnkey unit already occupied with property managers in place. 

Depends where you guys invest but SFR split four ways seems a bit..... excessive.

While I agree with you in spirit, in the case of excess proceeds, any lien can survive.

Qualified buyers will be staged in a cue.

Disclaimer: you can front load your scope... it muddle the water a little, and I'm not recommending you do it, but if you overestimate on items you will have finished first... roof, demo, etc, then you can take a larger draw upfront and help carry you through the next stages. 

I’m also in the knowledge stage and have found it helpful working with people I already know that are involved in reí.

I'm in the beginning stages of my REI career and cannot seem to find the answer to what I feel like should be a pretty straightforward process.When using private money or family/friends money what are the actual steps in acquiring, holding, or distributing those funds when needed.For Example: (Hypothetical)Say my uncle Joe or my friend Suzy wants to earn more on his/her $50k than what the bank is giving him in a money market savings.