I don't have private money or job openings for you however I am currently looking for my first intentional flip project.

Although I have invested out of state, it was mostly due to circumstances rather than intentions.

Intent is not execution.  

I know your intentions are good, but that's a really risky thing to do.I have four financial rules that have helped me tremendously:1) Don't borrow money on anything that doesn't appreciate in value.2) Don't consign a loan with friends or family- except for your spouse.3) Don't do business with friends or family.

And the intent is not to splash $1million in the first month of the fiscal year on acquisitions but rather to distribute the acquisition, rehab and resale of the 10 properties incrementally through out the year.The number of deals per year might start increasing eventually but will require strong management to ensure it does get chaotic.

We plan on adding a few traditional craftsman details to blend in with the neighborhood and keep the look timeless, well, that is the intent.

Regarding the question posed in the original post - I would try to get letters of intent from the members of this group stating that they intend to purchase W-sized house on X-sized lot for Y-amount in Z-general location.

That maybe the case, however its only if have no real intention or the know-how for creatively helping someone solve their problem that I become a "time waster" Most of us weren't born rich and have to start somewhere. 

I bought a HUD home last year in June 2014 with the intent of wholesaling the property.

Typically you would utilize hard money if it was a 'non owner occupied' rehab -- meaning the intent would be to rehab and sell to a retail buyer.