If the ask price is at full retail value of the existing condition, I would argue that the seller would be getting too much with that plus equity stake.

Hello Nhon,Are the homes in decent condition as I will often attend inspection walks with owners have have offers in and provide general information.

They need to be flushed and a lubricant needs to be run through them every 1-5 years depending on your water condition.

In order mitigate [1] the irritation and known adverse health effects of secondhand smoke; [2] the increased maintenance, cleaning, and redecorating costs from smoking; [3] the increased risk of fire from smoking; and [4] the higher costs of fire insurance for a building which allows smoking.B) Definitions. [1] “Smoking” means inhaling, exhaling, burning, or carrying any lighted or heated cigar, cigarette, or pipe, or any other lighted or heated tobacco or plant product intended for inhalation, including hookahs and marijuana, whether natural or synthetic, in any manner or in any form.

Any turnkey investor should ask very probing questions of the turnkey provider regarding the condition of all mechanicals, roof and windows prior to entering into a deal.

Here is what it found:Full Bathroom: 23% increasePartial Bathroom: 15% increaseGarage: 13% increaseCentral Air Conditioning: 12% increaseFireplace: 12% increaseBasement: 9% increaseClose to Golf Course: 8% increaseHigher Ceilings (9 Feet): 6% increaseAdditional Bedroom: 4% increaseLaundry: 2% increaseAbove-Ground Swimming Pool: 0% increaseIn-Law Suite: 5% decreaseProfessional Office: 5% decrease

First, is the unit in market condition? 

This is an opportunity to meet the Tenants personally, document the condition of the home so you have a starting point (I use pictures), and see if they have any complaints, questions, or maintenance issues.2.

I can call them any time a new property comes on the market and get detailed information about the condition and how the current owners operate. 

I'm an investor, real esate agent, and house flipper, I've never found it so difficult to price a home in its current condition or a projected ARV.