BRRRR is not a great strategy in the current market due to the mortgage rates so it's not as applicable as many think from reading older posts or books about how easy it is.

Partner Driven identified the property through our direct-to-owner strategy.

Is there decent exit strategies?

but BRRRR is not a cash flow strategy and you likely will not cash flow after the refinance.if you want 100%, no strings attached financing... that's going to have to be a family member or something like that. 

There's a lot for nuances to the strategy than what I typed out, but this should help you get started.

This strategy would preserve more of your equity and make reinvestment more efficient.You could use the exchange to buy multiple properties in diverse, high-yield markets, achieving your goal of increased cash flow.Reassess the Property’s Cash Flow:Before selling, explore ways to improve the cash flow on your current property.

Sounds like you’re in a strong financial position, and it’s clear you’ve put a lot of thought into your strategy. 

You need to minimize upfront expenses because 100% of your investment is at risk and lost if the lot is not buildable.My favorite strategy is to locate the property and tie it up for usually no more than $100 for a period of 8-12 months, analyze it myself and if I believe it to have a chance at being buildable I create a permitting plan and market the property to other investors/builders willing to take on the permitting risk.  

Target ReturnsWhile target returns are crucial, these should be discussed only with investors—not brokers or others helping you find deals.Sample Investment CriteriaHere’s an example of well-defined CCC:Location: Primary and secondary cities in the Southeast with population growth.Type & Class: Class C garden-style or walk-up workforce housing with repositioning opportunities.Age: 1980s construction or newer (case-by-case for older).Price: $5M–$12M, requiring $1.5M–$3M in funds.Size: 100+ units.Cap Rates: Market rates.Roof Type: Pitched roofs preferred.Value-Add: Opportunities for improvements or better management.Why This MattersBy creating crystal clear criteria, you:Avoid wasting time on deals that don’t align with your goals.Build trust with brokers and partners by demonstrating a focused investment strategy.Increase your chances of finding deals that meet your financial and operational objectives.I'll be posting each chapter as I go through them so you can follow along from my notes and we can discuss different strategies.

As a side note, my wife and I work full time and are looking at strategies that are less time intensive.