At a 50k view, it's built around the BRRRR framework with each party playing particular roles in each step of the process.

@Eric Braxton, J Scott's book lays out a nice framework for estimating rehab costs, but I wouldn't place heavy reliance on the numbers listed in the book. 

But I see on BP people buying with the 2% rule and I don't get anything better than 1.3-1.5% so I was trying at least to maximize cash return within that framework.

This at least gives me a few frame works to use in thinking about how to navigate this.  

I think that more companies will begin to adopt these types of tools (along with other tools such as online Kanban boards and agile frameworks like Scrum).

It definitely give me a framework to evaluate MFRs.  

Though we've yet to sit down and go over a framework of how he wants to invest and structure the partnership, he's implied that he wants to leverage the money he's allocated for real estate investments.

It was a great location, the house had solid framework and I knew it would be an easy remodel.

IMO the analytical framework for bringing all of these elements together to calculate your returns is IRR (can google it) ... running some scenarios through IRR calculations will help you see how things can pan out in the long haul.

So a successful broker/agent has built a framework for how they conduct business to be as efficient and profitable as possible while finding good deals for their clients.