My program for my clients models the "BRRRR" strategy and we are having a ton of success with ROI's in the mid-teens on a consistent annual basis!!

But I havent really modeled out the depreciation impact and I have assume appreciation is essentially flat.  

Below are some things you may wish to consider, as to which Corporate Enity is best, for your Business Model as well as your REI Goals and objectives.

We are not interested in sloppy repairs that last just long enough to off load the home so it becomes someone else's problem - that's just not in our business model.

I went to a Sutton Creek (RH SC) model home and  then to one in The Blume (CHT NC)...looked at the same floorplan.

I don't know the cost of turnkeys in certain geographies so I'm still trying to weigh things out and model it.  

It all depends on your business model and what you expect in return.  

Since the applicable laws are state specific, I recommend you invest in getting the legal opinion and advice of a well informed attorney with an in-depth knowledge of the laws, rules and regulations promulgated by the state real estate commission before commencing your wholesaling business model.

I was the first person in our industry (and one of the few) to try to keep chattel lending out of the model SAFE Act.

The typical model for wholesales in Dallas is 70% of the ARV.