Anyone doing BRRRR as a full time job? Good idea or bad idea?

[Samuel Watts]

Hello! I am finishing up my first BRRRR project now and getting ready to purchase my next project now and am wondering if it is possible to do this full time and if there is a good way to pay myself?

A rundown on my first deal... bought house for 72k cash (private, interest-free loan for 15 years from family member)  and put a little over 10k into it. Just had it appraised but am still waiting on the results, hoping that it comes in at around 120k (other similar comps are 115-125k).  

I have the option to take between 80-95% back out on a HELOC (Currently living in the home for now) and 85% on the refinance.

This gives me:

~96K from HELOC = 14k profit? Am I wrong in thinking this? Would it be bad to take 5k from this to pay myself for the work?

~102k from cash out refinance 

Total funds to work with =198k to reinvest into more properties

I plan on buying 2 more similar properties with the HELOC and Refinance funds and doing the BRRRR strategy on them as well.

Once I get this rolling I would like to be purchasing about 10 houses a year with this strategy. 

Is there a good way to pay my self when using this strategy? Is this something that I could start doing it full time? (I am a Realtor but would much rather focus most of my time on rehabbing)

Any input would be appreciated!