Check out www.sfifunddirect.com I invested with them and like most turnkey companies it is all done for you but unlike other turnkey companies they seem to always have 10 to 15 properties posted and available for purchase online
Also if you buy 5 at a time they offer a discount and resell your properties for you for more money within 6 months to a year while you enjoy the rental income (they call it a virtual flip) very profitable - totally hands free
I did have a problem once with a tenant leaving earlier and breaking the lease but that happens and the Mgmt Co RE-rented it at same price (was hoping for a higher rent!)
Can you give me an example of a typical deal that you have done recently that has allowed an investor to recoup his money after refi and still cashflow?
All in cost/PP/cost to Rehab/ARV/rent to price ratio after refi, etc.
How is the deal structured (how do you make your profit)?
What class of neighborhood are these properties usually in?
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