If so, what role would they play?

It wasn't clear to me what role the PM was playing during the remodel; if they were acting as the GC, then they should have paid the contractors, and then you pay the PM upon satisfactory completion of the work. 

Leasing, construction, property management, financing, development, any and all roles can inform your investing and you’ll see your vantage point evolve rapidly with experience.I also came across this article earlier that seems relevant so am passing alonghttps://www.cnbc.com/2019/08/23/self-made-millionaire-6-biggest-lies-we-tell-ourselves-about-money.html?

Role would they play?

@Raju Charlotte Credit score will also play a huge role in your approval.

Aka a role model!

Obtain your financing in your name not the LLC3.Quick claim deed it back to the LLCBased on the rule from my previous reply this is allowed and the bank can not exercise the right to call the note on the transfer.Option BObtain Commercial financing in the name of the LLC and close it in the LLC which will not have as favorable terms as the Residential loan. 

Do you want to take a more passive or active role?

You can then grow into a GC role if you wish but you will have put some time and experience into learning the craft.  

My role at CT Homes was acquisitions so I sourced all of the deals, submitted offers and did all of the negotiations.