I will state that I believe it is very challenging using this approach that if you paid market value to be able to extract all of the investment. 

If I have to pay taxes of 40% on cash flow but nothing on the appreciation (even extracted appreciation), then the cash flow only provides 60% value compared to the value achieved from appreciation.

I legally extract everything I can from the trashers and I get and renew judgements, to warn others about them.When my brother and I were young investors we made the mistake of doing business in a war zone and our "rent enforcers' were very effective, so we didn't lose money.

We extracted all of our initial investment out of the property via a refinance around 2 years after it was purchased.

Hi, @Simon Aristizabal,Here's little different take on private money...One of the leaders of my local investment group does this:He uses private money to acquire and repair the property (short term - 6 months or less), then does a conventional or some other form of refinance to pay back his investors and extract his profit.

That’s already in place for other platforms and is a logical next step for Airbnb to extract additional $$$ out of hosts.

This is nothing more than a scam, designed to extract an up-front fee from you and likely your personal financial information, which also has value.LinkedIn, Facebook, Craigslist, Connected Investors, and most other online sources are cesspools, Dixia.

Using this strategy, you buy and renovate a property with your initial finances, then refinance to extract your invested capital for the subsequent venture.Seller finance: Seek for sellers who are prepared to provide finance.

@Ikaika Farmer - Add more value to the world than you extract. 

Also, if the turnkey company has a capex renovation approach with the ability to extract quality tenants and top market rent, you can be more aggressive with your pro forma estimates.