Based on the awesome input I got here from everyone, I've updated my CapEx and Repair model - takes into account lifespan over 30 years, and if the age is within 85% of its lifespan, it puts the cost in the replace column, and automatically reduce the capex lifespan cost by the initial replacement cost, otherwise it just takes the replacement cost per year over the span of 30 years. 

Update: Couldn't move forward with the deal.

They also host events with keynote speakers for legislative updates, etc. 

I will be posting the update shortly.

I went in and repaired the property and did the following updates: The property appraised for a little under than what I expected, but I gained a few insights from the initial BRRRR.

Your other option would be to team up with someone locally to basically do much of the work the turnkey company is doing, sourcing deals, facilitating closing, coordinating fix up/permits/etc - then turning over to a property manager to find tenants, etc.Another option would be to place your money into syndication deals on larger apartments to have your money work more "passively" as well.Good luck, and keep us updated!!

I went in and repaired the property and did the following updates: - All new flooring throughout entire house- New stainless steel kitchen appliances- New Paint on both interior, exterior, and basement- Updated landscaping- Minor roof repairsThe property appraised for a little under than what I expected, but I gained a few insights from the initial BRRRR.

I always see people talking about throw some paint on top of everything clean the floors and update the kitchen.

There has to be an APP to handles this - (millennial thoughts haha)My first offerI found a SFH with ADU fully updated and permitted.

How can I estimate the ARV on a fully remodeled property if there are none to compare the updated house with?