Reeady&Company, MIP reviews

[Yulyana Karpava]

Hi! I have a property under contract with MIP in Memphis. Now I started to hesitate if it is a good idea to buy from a turnkey company right now. If I use conservative calculations it does not come as good of a deal :) I was not able to find any detailed reviews online about Reeady&Company property management either. I would really appreciate if anyone could share the experience working with MIP and Reeady&Company? I would love to know how much should I reserve for maintenance and vacancy. Also, how does the rent change over time? Looks like the rent is above average for the area it probably works for the first couple of years when the property is renovated does it go up or down over time? Did anyone try to sell a turnkey property?