I want to trust this trailer. After all, The Midnight Man stars Lin Shaye and Robert England (likely in supporting roles, but still) in a story about teens doing what it is that teens do, which typically (in horror movies, at any rate) is meddle with things that they shouldn’t.
My uncertainty about The Midnight Man is due the title and story being thematically similar to The Bye Bye Man, which is supposed to be a piece of crap according to Half in the Bag, though Variety was infinitely more charitable, essentially calling the movie disposable, but by no means unwatchable.