The big difference is you not only need to do this on the property, but the borrower as well.I would think it would be much less hassle than flipping or renting once you get established, but it may be pretty difficult to get to that point.

That's simply called speculation (also known as gambling)!

If you already have one property there, it's doing good, and you have a team established, why not continue a good thing?

Re-establishing Capitalism.

You have to evict once they are established.

But, if you buy for $65K and put $10K into it, especially if the seller did nothing, its going to tough to justify the bump from $30K to $132K.The HML will establish the value on their own.

I am trying to do Some flips in San Antonio will in El Paso to establish myself.

Many lenders will not loan to your LLC, unless it has established a long history of great credit.You can, and I have many times, buy in your name, then transfer to your LLC.Don't worry about the due on sale clause.

I'm amazed as I tour properties with old, rigged-together heating systems that many units still do not have detectors installed despite the well-established dangers.

IE turnkey companies are putting things on MLS so they can establish good comps.As for what is a deal.. its all across the board but as someone how has literally financed a few thousand of these turn key homes.. its nothing different than any flipper would do.. they want to make a profit so you have the wholesale price what they pay for the asset in as is condition.. this is a cash sale since these are not financeable.. then you have the SOW which ranges from 7k to 40k.. depending on the home.. then you have carrying costs..