Anyways, we’re currently renting a home that was built in the 1930’s and still has a lot of original fixtures and such (ie: corroded green piping, entirely original toilet- fill valve is discontinued model, IMO bad sub flooring & found water damage behind bathtub access wall. 

It’s called Better than BRRRR: Introducing the BRRRLO Model.

Wholesaling commercial property is a very different business model than residential.

If we fix it up a bit, how do you model that into your projections for ROI?  

It sounds like you are great at the financial modeling and analysis. 

Just like any other business Development has a bunch of different business models which would also be important to understand.

There is the 'turnkey light' model, or the 'BRRRRkey' model, which combines the benefits of both- forces appreciation but someone else does the bulk of the work.

Although these services are an economic lifeline in the short-term, their unit economics are an unsustainable model for restaurants to rely upon over the long-term.ConclusionThe effects of COVID-19 on public health, the economy and as a result retail real estate remains a fluid situation which I will continue to monitor in the weeks and months to come.

My issue is every model you are using is for typical conditions.  

Some agents may even base their business model on working with investors who want to buy at a discount to market... and that's ok too.