Like you, I figured that having the cash flow up front to re-invest rather than waiting to cash out down the road was a better choice for my goals, so I don’t mind losing the principal pay down for the higher cash flow in the beginning.

They may have alternative new construction type loans available.

However, you are the only person who can make the choice as to whether or not mentoring is for you.

I didn't have a choice to think about it like you,  because it is very rare  to find a 4 unit house on sale. 

Real estate is a fascinating subject to discuss, with many techniques, strategies and leverage points based on personal choice and preference. 

I knew a handful of investors looking for alternative investments.

I feel it also gives me some alternatives if something happens that I need to get them out of the lease - there is no lease yet!

Then make your own choice, for a few reasons:You know your own goals better than anyone elseYour goals are different from mineYou will have different opinions of deals and sponsors than meI am not 100% objective because I do sponsor deals in addition to investing passively.

I want to see where I need to be, what do I need to work on, and look into alternative options if I do not qualify rn.

It was a great choice and its a great profession!