Define and Standardize Core Business ProcessesA scalable business requires well-documented and repeatable processes to ensure consistency, quality, and efficiency as you grow.

Everyone has provided great insight so far, but ultimately your obligations as the landlord and the tenant's obligations are defined in the lease. 

Why not just write the initial $50k offer in the name of your company and avoid the wholesale aspect of it altogether?

I will check with the seller whether they are getting confused with seller financing aspect.

I get the depreciation aspects. 

@Devan Dorzokit's hard to say exactly what defines a 'major' rehab but 60K certainly seems major

Also, I’m curious—have you found that lenders’ confidence grows after seeing how smoothly things run, or are there certain aspects of the deal where they tend to focus their due diligence?

Really really wish BP would embrace creating a glossary and leading the way to defining these terms for the industry.

And the fact that I've known this wholesaler for quite sometime outside of the business aspect still has me believe there were no fraudulent or misleading practices done here.

Achieving a 4098% IRR in just 58 days is nothing short of remarkable.I’m curious about a few aspects of this deal:Entitlement Process: Can you elaborate on the land entitlement process?