Make sure you check out all that this site has to offer.There are some pretty nice discounts on many products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proI really like the alerts feature that can quickly guide you to current topics that may be of interest: http://www.biggerpockets.com/alerts

The product I know of for this is a 30-year loan, fixed for the first 10.

Visio has a solid financing product for STR's 

I thought money was green everywhere.

@Theo Guest I haven’t used them, but people I know have said good things about The Bank of Greene County.

Investment Info:Other fix & flip investment in Etna Green.

Sale price: $163,500 "Henry I" - 3 Unit, Grand Rapids, MI Brrr#1, July, 2015Purchase price and type: $163,500, 3.5% downLoan Product: 3.5% down, FHA Loan ($5,800)Monthly PITI: About $1100/moRehab: 45-55kRehab length: 2-3 yearsRent: $1050/month (beginning total for 2 occupied units)2018 Refi: streamline FHA cash out, or something like that.

There’s a “Range of balloon note products that we offer for multi-family.

Regarding final punchout projects, that may free up some of your time but it also gives you an opportunity to observe the almost finished product to help maintain quality control.

@Jonathan Greene thank you jonathan for your insight, i was thinking of something similar to what your suggesting since i haven’t been to Houston that long to gain the needed knowledge for decisions like this.