Exit strategies for turnkey properties
Hello, I am considering purchasing turnkey rentals from reputed companies like MemphisInvest (Memphis) or Profitfromrentals (Chicago), however I still do not see or understand what exit strategies they offer in case I wanted to recover my equity investment (I know the goal is passive income, but it is always good to have an exit option should you need it), usually these properties are in city areas where their market price is higher than the median around, and if I wanted to resell them it would probably be hard to do so, or I would be competing with the same companies selling their own turnkeys in the area. In either case it seems hard to recoup your investment should you want to, does anyone have any experience or advice on this? Thank you very much!