To answer your question about refinancing after your repairs are done is dependent on WHICH TYPE of loan you can get on the "REFINANCE" step to the BRRRR.Generally speaking there are 2 main types of loans for investors: “Conventional” and “Portfolio”Conventional - I'll define these as loans that come from Fannie Mae and Freddie Mac (if you recognize those names).

Is this an accurate number for conventional home loan?

Would something like this be hard to finance conventionally and do you think having only 1 well is a deal breaker?

BACKGROUNDI have pre-approvals from both commercial and conventional loans.

Another thing I've done is to plant perennial flowers, especially multipliers like lilies and daisies.

*Some things you will need to qualify for conventional is a 2 year work history that is consistent - or two years of schooling and a job in that field. 

My parents and I are planning on buying a house together using a conventional loan.For mortgage and tax standpoint, would that be considered a primary residence or a second home?

Also I would save up for a Conventional loan as you wouldn't have Private Mortgage Insurance. 

Conventional loan with myself and my dad's name on the note.

Conventional loan.