This home was bought for cash and gutted and totally rehabed and I am trying to find the best way to leverage my equity for growth in terms of buying property for cash to get some level of discount/ renovate/ refi using the brrrr strategy, so my funds will be for the short term interim period whereby I can refi and reuse the funds for the next potential purchase.  

This seems pretty straight forward to me, but outside of having my wife's fathers house as a rental in California, I've only bought and sold primary residences.I really appreciate the insight.  

However, a straight refi (no cash out) on the current balance of two of the homes would yield approximately approximately $300 to $400 each in monthly cash flow while remaining relatively safe against a downturn, given the mortgage would be about 40 or 45% LTV. 

If not, I always think your first "investment" should be your primary residence, whether that's a house hacking opportunity with a basement apartment for Airbnb/short-term rentals or just a straight up owner-occupied home.Have you talked with a lender?

ExamplesBought for $85,000 rehab $15,000 appraisal $125,000 no money stuck inBought for $95,000 rehab $35,000 appraisal $163,000 no money stuck InIf you buy right at a discount you can improve the value beyond the rehab. 

If you are looking for low stress and very little work you could invest with a Syndicator now review the docs in detail as some are not straight forward.

Some clubs are more about bringing in a sales person and have a product/service to purchase at the end of the presentation with discounts.

Just straight information and super friendly atmosphere.

Heather, if I was in your situation, I would skip the SFR and go straight to MF. 

If discounts are provided to golfers, are there additional liabilities which present themselves due to the co-mingling of golf/stay