I've written out a hypothetical deal below in which I use the BRRR method to purchase, renovate, rent and refinance a deal where I'm all in at 60% LTV and then use the 40% equity to purchase a note with the sole purpose of increasing ROI and to hedge slightly against vacancy expenses.After running the numbers I realize it's not possible with the entire 40% due to banks lending on 80% LTV max, but looks like it's doable with only 20% equity as well.This is just a theory of a possible strategy.

@Paul LaSpina - It's definitely doable. 

Like all purchases, the property needs to be appraised for the loan.It is doable, just need to put in work.

If it's in a good area of Atlanta, $1250 rent should be doable for nicely renovated units.

My father is not the most organized businessman in the world, so as far as getting a small business loan goes, I think getting the paperwork in order is going to be a bit of a challenge but totally doable.

Does that sound doable?

i'm certainly open to stick construction. the footprint i have available to me is about 10x16, so 160sq ft.so if i'm at $750/sq ft (zestimate/sqft of home only), and the kithaus k4 fully loaded is 226 sqft the math would be 750/sf*.75*226 = 127k  the unit costs 58k leaving me with 69k for demo, permitting, plumbing and electrical. that seems pretty doable. what's a good baseline for these costs considering i already have water and electrical out to where i'd be putting the unit?

Does this sound lik it is doable? 

But if you're looking all or mostly cash and desire a strong tenant with a corporate as opposed to site or franchisee guarantee, with a 20 year lease remaining, 5% is not only doable but maybe a little low.

After approx 1 year of owning the property, you can go to any bank and do an owner occupied refinance, subject to that bank's refinance rules. 80% should be doable with forced appreciation.