Overly Simplified plan: Find out how much a room rents for in the area you want to buy. find out how many rooms you have to rent to cover the mortgage on the whole house. 

I understand your desire to simplify but I don't think the taxes are any more complex if they are all single member. 

That would simplify things as well.  

A simplified example with easy numbers: You borrow $90k in private money to buy a $100k house and spend $30k in renovations.

Write the strategy(s) out on paper before going to steps 2 & 3 and try to condense and simplify the explanations of the strategy(s) as much as possible, 3-4 steps, focusing on the questions of "How is this creating value/cashflow?"

That could simplify the cash flow operation he asked about.

To educate myself, i bought 5 books on Amazon so far.  1.The Book on Flipping Houses: How to Buy, Rehab, and Resell Residential Properties2.Real Estate Investing QuickStart Guide: The Simplified Beginner’s Guide to Successfully Securing Financing, Closing Your First Deal, and Building ...

It also provides enhanced security, simplified management and increased liquidity and transparency.One of the companies that we partner with has designed a platform to aid investors looking to digitize their capitalization tables through blockchain technology and trade on a regulated alternative trading system.Are you familiar with tokenization of real estate?

Anyway, this is the simplified version.Good luck.

It's more involved than that, of course, but that is a simplified explanation.