Turnkey Property Price vs. Market Value

[Michael S.]

I'm looking to make my first real estate investment and am seriously considering the turnkey option due to not being able to buy cash-flow properties in my area and a strong interest in jumping into my first investment with a bit of help. 

Prior to going down this path, I wanted to get a sense of how turnkey property prices compare to actual market values for similar properties on the MLS. Would I be paying a premium for a turnkey home or do turnkey providers generally make a profit from efficiencies in renovation, discounts in purchasing and long-term property management in order to provide a win-win situation?

Thanks in advance for the responses.

[Jay Hinrichs]

@Alexander A.  I think  purchase price is critical  IE not over paying.

If your already going into the deal with the mantra  appreciation is icing on the cake and counting on cash flow to ring the bell.. you want the best price possible and over paying will usually get you into an asset that you would have to cut a pretty large check to exit if you were to sell in the next 5 years.