If it's a cashflow play, then the downsides of the wood frame is simply a number to put into the equation.

Downside is I am building top of market and I have to leave a ton of cash in the deal. 

Would be curious from those who have gone this route in the past what the downside of these investments has been? 

The one downside is this is a harder time of year to find comps, since fewer homes and apartments get listed for rent in the winter time (most families, students, etc. tend to move in the summer).I would recommend posting this question in the Maryland Investors Network on Facebook and trying to find an 'investor friendly' realtor who knows this area well to help pull some comps and give further advice. 

Any downsides on that platform compared to Venmo?   

IRR is absolutely relevant, but only after experience and character of the sponsors and downside protection.

The downside is they don't take care of anything.  

I understand that, but there's too much downside here.Find a STR-savvy real estate agent in one or two areas you're interested in. 

The downside though if we can call it like that, is that it takes a year to complete the project and be able to rent it out.Have a good weekend guys  

everyone is so hyped on this BRRRR book but how many can really execute it at a velocity that is meaningful.I get it for the bigger deals and well cashed up investor.. but to me starter investors with limited capital this is a very slow process.. not to mention with no experience in rehabbing EXTREMELY risky especially remote rehab.. its all great in theory.. but what happens when the contractor steals 10k from you or does work that needs to be done over etc.. most are not capitalized well enough to take on those risks or if they do they don't realize the down side.