@Percy N.  

NNN is headache free. see if u can get 25 yrs lease, get fux rate n enjoy for 25 yrs.

Even Properties that sell in say the $75,000 - $90,000 range ( ARV ) , someone has to buy properties n these areas.

I know it's suspect when Realtor's say the future is healthy, but I think it's true and I'm holding my properties and in fact just bought another buy n hold rental here in Charleston.   

I agree with @Brent Coombs, if available, this is a Flippers bread-n-butter.

Was wondering if someone could help me with the best way to approach a family member to potentially fund a fix n flip investment while I do all the hiring of contractors n managing the property 

@Percy N. my immediate thought as well...My banker (not my credit union - I have both, and there are good and bad for this) and I have discussed the HELOC and it's 5.5% with no additional cost/fees, etc...

L e a s e r u n n e r s .

As to the BRRR thing, that's an old tactic, buy n hold, you're a victim to financial changes along the way, it is not infinite as the gurus claim, you have loan concentrations as you acquire more financing, your available LTVs will drop as inventory increases and hard money doesn't last for the long term.  

Thanks @Percy N.