To optimize a BRRRR I specifically look to add additional livable sq ft.

dl=0  Previous property owner was in an estate (the tenants parents died), the tenant is living there now and my realtor and I spoke with him and he's agreed to move out (cash for keys) in ~2 weeks- figured this was more optimal than having him potentially unruly, and starting an eviction process. 

If you convert to a policy optimized for cash value, you'll be trading death benefit for cash value.

and gives paying lease signer notice to leave due to breach of lease (and then landlord will have try to rerent it out mid semester, not optimal and expensive for landlord so unlikely).

The new mayor seems to have injected a lot of optimism as well.

I.E. if the property to purchase is $1m, down payment is $200k, and I have 3 investors putting in $50k each totaling $150k, and I use $50k of my own money, what are some optimal ways to setup the payback of the $150k outside money back to each investor, in the best/quickest way so we can roll into more properties at the fastest rate or deploy the money elsewhere, quicker?

Your best bet is to be close to public transportation which is plentiful in NJ and to househack to optimize finances.

Retail investments, ALFs, small apartment complexes, and planned communities are all on the horizon, but my focus will be on organizing tools to help real estate investors raise, organize, and optimize their capital formation process.  

Instead, focus on the most optimal use of your money that fits within your comfort level.

Hello,I am wondering what the best strategy is for putting the optimal amount of money down on a single family home with the intent to perform light rehab to buy and hold.