They might also have relationships with contractors, wholesalers, and property managers, which can be invaluable to an investor.

Hello All,
New Member here. I'm happy to be associating with like minded people.

Thanks,
Averil 

Or, if you don't have experience managing a multifamily property post construction that could be something to look at.

FHA loans are generally more straightforward, with lenders typically requiring verification of your credit and income.Be prepared to provide financial documentation, as the lender will need to ensure you can manage the additional mortgage payments.

I managed the properties myself, and was offered a job out of state that required long-term international travel. 

House hacking will also give you some personal "property management" experience.

I see that you have management fees set at 8% and interest rate of 4%.

Him and his wife don't have the time to hunt for a deal or manage one however they have enough capital to carry the loan.

I am concern with the high interest rates but even with those I managed to cash flow which is what I am looking for. 

You can win or lose buying from a "turnkey" company or buying from a "property management" company.