I am the main W2 provider of the house, and after 100k being tied up in these deals, we would be tapping in to our 6/mo emergency fund to start paying bills, until we can build our bank roll again from my W2 job.A) If i did do the BRRRR duplex, should i cash out refi or keep the money in and own it outright with higher COC return if I can afford it?

The holding costs alone would have paid for my services; let alone the potentially lower sales price and opportunity cost of their flipping bankroll.

The aggregate return for your entire bankroll for an entire year will be lower.With a pool, that's less of an issue.  

My 5y goal is being able to do REI full time and be able to bank roll my kids collage. 10y goal would be having process in place that my wife and I could be gone for extend vacations and not be missed.If you're in the KC metro area, if you could let me know what groups or meeting that I should be part of I would appreciate it.

With all of the falling down homes in that city, they should be bank rolling your rehabs.

And, unless you have a big bank roll to fly around the country or hire your own people, buying on-line or through other long-distant avenues seems pretty risky.

bankrolled by a family member, have 5 units in 4 properties owned, 2 mortgages, and a track record of profitability.  

Cody,My vote is for knocking out the student loans and car payment first before building the brrrr bankroll. 

Find a HML or Private Lender to bankroll a $50k property that may only need $10k of material and the rest is your sweat equity.  

I'd hate to be the one to "rain on the parade" so to speak, but with $500, you might as well have $0, so I'd say forget about leveraging your money and think about how you can leverage your time to increase your bank roll - that is your real asset.