(Another option to the above scenario is to instead have the LLC lend my father money to complete the rehab so all the repairs are made in his name...but then the LLC would get no tax deductions on the rehab, plus my father would wind up paying interest on the loan and the LLC would incur taxable income on the interest of the loan as well.)I've said a lot here, but It would be greatly appreciated if anyone can give me advice on the best strategy to pursue...Thanks!

There is money in buying raw land and getting it permitted for build with plans and flipping it shovel ready 

Some other secrets are programs investors can use to save money on downpayments or to buy more properties without having to use income like Non/QM (DSCR or Bank statement programs). 

In my mind PM HAS to make money on repairs etc.

In other words, how would I calculate the return (from a purely financial standpoint) of "investing" in a primary residence vs renting and putting the money elsewhere (perhaps even into an investment property, but also considering buying a business)? 

Just another example of private equity throwing money at bad business model's in our space.  

Not sure if that supports it, if another app supports it, or if it is fully manual process.  

Private Money Lenders (Kiavi, LendingOne, Private Individuals) Fix and Flip productsWho did you get the loans through?

Putting 20% down really puts a dent on our liquid money but better (we think) than it just losing value in the bank. 

Roll it into the rent with a lease clause that anything over $X is split 50/50 between both tenants and you don't care who uses more water...In short, spend some money and make it a legal duplex or at least make it two separate units.