To Jeff R's point - $98,000 gross doesn't seem unreasonable, but parse that number a bit.

Like Jonathan mentioned, one method would be finding something you could BRRR.

I find it useful to have a couple people that will remove old flooring (carpet, vinyl, etc), clean out crawl spaces, repair insulation, lay down vapor barrier, haul off junk, remove fencing, paint decks, low skill landscaping, etc.The best method I've found is posting free stuff (used appliances, old fencing, and other stuff) on CL, then identifying the good character workers to do other work for $15 hour. 

The home is zoned R-10 but there were two parcels combined for tax purposes back in the 80's.

Increasing your portfolio size will INCREASE your margins...not decrease them.Using the BRRRR method will actually slow you down...not speed you up,...and WILL decrease your margins.

If the building is refurbished further, the value of the building could increase by 150,000 R$ while the purchase price would now amount to 200,000 R$ (R$ is the local currency).

Originally posted by @Brandon R.

We're exploring different methods of pooling money for group investing in order to maximize access to greater deals - this is the one area that's giving us a little trouble.

I am looking to employ the BRRRR method.

@Magesh R.