Compare property APN to mortgages: if one mortgage and one APN, then you need to subdivide and likely a zoning variation.

You could pull ~$200K out, $125K would be recouping the money for rehab, and $75K would be money for other investments (or any variation of that concept based on the numbers). 

Frank -Reunion Resort is a beautiful community with the variations of the architecture of the homes and the 3 golf courses. 

This will reduce the variation in cash-flow that I see over the life of the properties.4. 

Once you search the Meetup site, you'll find extended groups that are a variation of these.Round Rock MeetupAustin - Big Daddy's MeetupAustin RENC - Phil and Shenoah Grove's Group

A slight variation of this is  the broker that sets up the note sale for a fixed price, and receives a commission from either or hopefully both parties.The other way brokers operate are more like wholesalers.  

You will still have a little  positive cash flow and he will be getting close to what he was getting before without all of the hasles of being the landlord.You may be able to mix some variation of all 3 ways.

Suppliers are one of the biggest headaches while doing rehabs.Because I live in one of the fastest growing counties in the country and shop at multiple home depots and Loews.There is a huge variation from store to store as far as service goes.Real lumber yards are normally cheaper. 

Obviously, that will cause a variation in price as well. 

Mostly on the commercial or multifamily side however, this is key for upping the value of property for a better appraisal.There are a few variations to the BRRRR such as lease-option rent instead of just rent and the delayed financing approach, skipping the seasoning period of 6 months.