That was initially my goal to hit around 30-50 properties. 

With my home now valued at $1.35 million, this could translate to $1 million.With the $1 million, I:Cancel the construction loan ($600,000)Get back initial land investment ($200,000)Reimburse the interest paid on the loan ($60,000)Plus,  I'll have an extra $140,000 .In essence, I not only recover my entire investment but I also put some money in my pocket.But the story doesn't end there.

Its tough to make many markets cash flow, even if the initial price points seem attractive.

But the initial key is that to separate yourselves you first have to get rid of the entity and get into ownership as tenants in common.

My new idea was to clarify with him that I would maintain 100% of the initial investment equity potential, but we can still go 50/50 on the renovations/sweat equity portion.

I want to initially self manage but eventually I’m sure we’ll pass it off.

Self performing can reduce your costs which may help your initiative but you have to weigh the time that goes into the rehab against lost production at your W2 job. 

And since that equity will be trapped once your renovations are done, converting investment money into improvements on your primary doesn't feel like the best initial use (especially considering the huge up front cost of paying tax on the profit).I'd let the primary take care of itself. 

… Profit, NOI, CF.What percentage of my initial investment will this investment return?

The new plumber came and advised me there were 2 leaks as a result of the repair made by the initial plumber and one is underground.