There is a lot to think about.

All this is completely  predictable and established universally

I've also come across a few established businesses that offer to flip on behalf of their investor clients.  

Just doing those two small loans established credit for me and got the ball rolling.

@Matthew Schroeder and @Shawn Holsapple, Indy has a lot of well established neighborhoods where people don't move/sale for 30-40 years which could impact the difficulty in getting 1 mile radius sale comps.  

Are you establishing new leases or rental agreements?  

Did not vet tenants but they have been paying for a number of months and get along.Obviously, I would do more due diligence on the property but it brings up a point I am sure many are interested in...how do you go about assigning new responsitbities, rules, protocols to tenants who are already in said building with their own established contract and routines, etc.?

Means a lot to me!

You need to master real estate before lending in real estate, sounds like you may not be there yet.The website you mentioned is following the law, private or individual lenders may not charge pre-paid interest (points) or loan fees, you would need to be a registered lender in your state, in the business of lending, I doubt you want to go there.Best is to find a mortgage broker or established lender and work with them.

In the time since establishing our LLC, we have flipped 3 homes in 2 years, doing almost all of the work ourselves.