The legal contracts and documentation will be key to determining this.

I completely agree with @Paolo AgostinelliPittsburgh has pockets where you can pick up properties around $10-$30k and other areas that a $200,000 house needs gutted for resale at $400k+So many opportunities and options.

Hi Reno,You tax status will be determined based on your residency status not your citizenship, unless you were born in the US and have not given up your US citizenship.

Have your insurance agent shop around to get 3-4 builder risk quote.Then pick one.

In terms of a strategy to implement, I suggest you start with determining for yourself how much time realistically can you devote to REI?!

I just picked up my 5th,6th, and 7th units for a similar price/rehab amount and can't wait to get it up and running!

and an entity has greater latitude in determining how returns as apportioned. 

I want to be financially savvy when picking a bank.

If there aren't many people interested in the property, a wholesaler would have to consider an offer that has an inspection contingency otherwise they risk holding the property longer than they anticipated.However, if you're in a hot market (and who isn't these days), you may be competing with people who are willing to go after the property so aggressively that they drop all contingencies; this would represent less risk to the wholesaler of the buyer backing out so naturally they would likely choose this offer over yours with contingencies.If you're finding that all deals you're coming across do not allow contingencies, it may be valuable to spend some time learning how to expertly predict repair costs on your own so you can determine if a deal is a good one without paying for inspections before getting it under contract. 

Trying to determine the best way to value a mobile home park.