Can you do the Brrr method with a 203K FHA loan ? 

Have you seen any BRRRR partnership structures before?

Also, i don't want to take out more than $200,000 on my primary residence, as a peace of mind thing, whereas my investment property i will go as high as 70% = $245,000.My long term goal is to use that profit gained from rehab works coupled with a HELOC/HEL on 2nd property (~$245,000) to obtain a third multi-family using BRRRR strategy (Just AirBnB instead of Long Term Rent) property to tap into AirBnB market which is just starting to develop, and by my personal local experience it will be a long time till legislation comes into place (things move slower in the Pacific Islands).Appreciate any assistance with my query.

And I have most of the texts to back all of this up as that was our main method of communication besides phone.Aside from all the unprofessionalism, bad business practices, verbal abuse, and wanting half the profits for 100% of my work and efforts(!?!?)

Open to any other methods of narrowing down to a city/location choice. 

If the ARV is high enough and you can refinance the property to get all of your cash out (a BRRRR), that would make a big difference when analyzing the property. 

@Eric Dami Without knowing too much about the property, just from what you've said, my initial thoughts are this:Is this a fix and flip or a BRRRR?

We are looking to execute the BRRR method with this property and have 6 months to refinance the property as we are on owner financing for that period of time.

I'm really interested in BRRRR, but the remodeling aspect frightens me as I have little knowledge on how to do it & do it cost effectively. 2). 

I am currently working on finding my first property to try the BRRRR strategy.