Turn Key Duplexes: A viable exit strategy for a flip?
I am testing the waters to see if BP members think that I would have any trouble selling a duplex, in a small town, completely renovated with brand new, quality Section 8 elderly tenants in place. I don't know how well turn key multifamily properties sell. Are they in demand or should I just rehab and try to sell vacant? I'm new at flipping, I've been a buy and hold girl for years, and I thought if I found a good enough deal on a duplex, this strategy might work as a consistent marketing strategy. Rehab would be high enough quality that no cap x would be needed for years, and I would only buy in good areas, close to town center in communities that had dire need of this type of low income housing. Is this a business model that could work?