Hi Manolo, I have read J Scott's books and have reviewed them many times when creating my business model.

Not all policies are created equal.I think you are making a mistake by not taking a close look and understanding the business model.

I feel like flipping cars requires far more specialized knowledge of markets than RE and the whole idea of fixing up vehicles yourself is opposite of 10x models.

I tried to model the scheme as simply as possible.

Buildium is sort of following the same model with tons of investment money and overseas development.  

I wouldn't listen to one guy complain about his niche business model becoming extinguished by competition.

anything left over after the home is sold would be considered my development fee i guess.Question #2: What is the best approach to offset or minimize taxes for this type of investment/development model?

I Personally believe to create a business model your going to count on that involves the owner will change their stripes and become a great payor..

I ran your numbers through my model including a higher insurance rate and putting 25% down.

Our business model is to have enough of these to allow the lion's share of the profit to go to the end buyer.Regards and Good Luck.