One huge benefit of a private/HML loan is the strength of making an offer when competing with cash buyers.

.- Does anyone see any flaws or can offer some improvements/considerations to the financing strategy of this plan? 

Then if they are done by that deadline, I offer a bonus.

In order to entice me to invest in spite of my hesitation, a better ROI must be offered to me.

The company I currently use for my other investment homes said they don't offer management for any co living... unless everyone in the home is on one lease.

Perhaps seek out and audit GPs and their private offerings and invest with them as an LP.

But, it may not offer the ROI as other locales, and it may not be "fun" like buying in a favorite vacation spot.2 - The highest ROI folks - Self explanatory, will go where ROI is high and/or regulation low.3 - The second home/retirement minded - These people are looking for minimal ROI but want the house in a specific location because they like to use the property and want it to pay for itself.

We are out of state but would be open to working with someone local if they can offer favorable terms.2) Any local realtors you have worked with and been happy with?

Our company can Offer 7.5 30yr. 

It is great that you are taking advantage of the BP community.For myself and the investors that i work with the build to rent models offers may great advantages.