I would like to produce an accurate loan statement so that we can both see where things are at. 

It would produce a cashflow of $175-$200/mo with a COC of 9-10% (something that I would be okay with).I am looking to partner with my dad on my first deal because I don't have all of the cash for a down payment.

In which the cost of the renovation is included in the mortgage.Has anyone ever used this mortgage and does it still produce the same effect as the normal BRRR strategy where you skip the refinancing stage?

For wholesalers consistently closing at least 1 to 2 deals per month what are your top income producing actions?

Preventive maintenance, strong tenant screening, and good management will produce the most predictable outcomes.

Yes, you figure all income that the property produces in you valuation.

I told him that I’m underwriting the deal to income it produces.

Depends on various factors.But yes, if you have a rental property that is producing net passive income, you can invest on the property that has high appreciation potential but less cash flow.That way you can use the tax loss ( it might still have positive cash flow) to offset other passive income.This way, you can also tap into the equity of the appreciated house in few years and still enjoy the tax losses. 

@Jeff Kehl that's a good point, I was thinking of what the monthly rent will be when full, but not considering the timeline for when those units will be ready to produce it.

How easy is it to produce $1000 in cash flow from 100k cash invested in real estate?