You are the best person to determine the needed income, the selection of the tenant and the approval of the lease.Go for it.

My partner and I serve as a "boutique" Wholesalers for a selected group of investors who knows exactly what you are looking for. 

I selected BRRRR with the intention of building a cash flowing portfolio and after reading over some of the other REI strategies it seemed to be both the best for the purpose and the most interesting.

I would probably select a single basin for myself, but what has the broadest appeal to potential buyers and renters?

Here are some recommendations for you:Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/usersSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: https://www.biggerpockets.com/podcastIf you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

Here are some recommendations for you:Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/usersSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: https://www.biggerpockets.com/podcast If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

What's fair compensation for my work sourcing the property, designing and selecting the improvements, working up the pro forma and budget, and managing the work to completion?

Here are some recommendations for you:Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/usersSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: https://www.biggerpockets.com/podcast If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

For example, if you made $200,000 from a sale of a home you can select a product in the identified market and then create an LLC (required) and then specifically identify that property as your OFZ property and ''park' your money there. 

But sometimes, it takes careful selection and interviews to get the right person.