For me, for example, I generally do not consider any houses in my market for more than $100k, as it doesn't fit my framework for buy/rehab/rent.

Siding, Windows & doors, trim paint) Interiors typically work from the basement up in this sequence - DemoMEP- Mechanical Electrical Plumbing rough in Insulation and air sealing Drywall hanging / taping and finishing Paint or wall finishes Finish flooring / tile, hardwoodsCabinetry / casework / wall tile in kitchens and baths Interiors doors / baseboard / crown molding / door and window casing Finish plumbing and electrical - also called trim by tradespeople That's it in a nutshell, some may use different sequences but this is a general activity framework.

Some are landlord friendly, some are landlord hostile, the federal framework in practice allows for both.

At a 50k view, it's built around the BRRRR framework with each party playing particular roles in each step of the process.

@Eric Braxton, J Scott's book lays out a nice framework for estimating rehab costs, but I wouldn't place heavy reliance on the numbers listed in the book. 

But I see on BP people buying with the 2% rule and I don't get anything better than 1.3-1.5% so I was trying at least to maximize cash return within that framework.

This at least gives me a few frame works to use in thinking about how to navigate this.  

I think that more companies will begin to adopt these types of tools (along with other tools such as online Kanban boards and agile frameworks like Scrum).

It definitely give me a framework to evaluate MFRs.  

Though we've yet to sit down and go over a framework of how he wants to invest and structure the partnership, he's implied that he wants to leverage the money he's allocated for real estate investments.