Exploring all options. 

Amortized: 30yrsRefi After: 6monsRehab Time: 2monsAlso since the approach is the BRRR method, can the initial purchasing money be a traditional mortgage (and not hard money) so it can be a 30yr term.

I agree with the others, the Dave Ramsey Method of snowballing towards debt payments would be great in your situation.

@Chris MasonNot quite it as far as the CCCR comment.Appraisers use three models for value.They also factor in cost to build/replace.They can also use income.To the OP; Ask the appraiser what method(s) they used before you figure out how or if you can change their mind.

What has been your best method of finding good reliable contractors in the Austin area?

Hope to continue to learn and master the brrrr method for purchasing multi-family properties!

You will pretty quickly be able to tell who is just selling something and who can become a valuable member of your team.Best of luck as you explore this powerful alternative for putting your retirement funds to work.

This way we could probably get properties that don't need a lot of work (even if we have the skills to do the work ourselves) and we wouldn't HAVE to use the BRRR method to get a few properties rolling.

I have a park with some extra land, I can explore this idea too. 

Also, note that a VA loan can typically do 100% LTV so I'd also potentially explore that option, but you'll be able to finance more with the 203k loan.