Owner finance, pull out equity, then fully pay off owner after final equity extraction once repairs are completed.  

Mostly I find the refinance LTV combined with the low refinance appraisals prevent me from extracting all of my investment.So if you choose to go OOS here is some advice: Familiarize your self with the 50% rule.

@Ikaika Farmer - Add more value to the world than you extract. 

I don't focus so much on not spending money as I do on extracting maximum value from every dollar I spend.

Their job is to create value not just extract.

This implies an average SFR purchase from 3 years prior would have had to be on the order of at least $500/month negative to not to have cash flow (excluding for a refinance that extracted money).There is a big difference between initial cash flow and actual cash flow. 

When municipalities use tactics to extract money from you that you have abandoned any hope of receiving corresponding benefits, you need to change your own tactics to protect your own interests.

I know sometimes Brandon was adjusting some of the questions because the ones by default were not relevant but were too specific to the guest to extract a common info from all of them.

Ideally you extract all of your investment at the time of the refinance, but I realize that is not easy. 

He exited that relationship after getting bombarded with calls from foriegn investors demanding their money - they netted less than 5% after the expenses, commissions, and other fees were extracted.