If there were a 10% correction I would be fine with it because my properties cashflow enough even if rent prices decreased it would not affect me since my intention would be to hold through it.  

Intent was to someday use it for purchasing rentals or quit-claiming our one rental into it's name, but it's really just sat there.

How would one go about utilizing the BRRRR Calculator with the intention of "paying cash" (via LOC) then refinancing after the rehab?

Definitely no intent to commit fraud, but luckily in this case it is a requirement that these 'affordable' units are for owner-occupants to even be considered and cannot be rented.

@Jonathan Gomez not really this post but I did PM a handful of people in my old home state where I plan on investing and just said hello, who I am and my intentions.

Someone who is familiar with Letters of Intent and is willing to be creative.

I agree with @Matthew Chalfant that you should be as transparent as possible with making your intentions known from the start. 

My intent is to have language in a contract that protects me from having to close on a deal that I have not been able to make profitable.

Abandoned means the owner has no intention of ever coming  back, ever doing anything with the property, ever letting a relative fix it up and live in it sometime in the future.

I have no intentions on leaving SF.