Turnkeys vs MLS deals with PM in place

[Sean Dezoysa]

I am looking at turnkey offers in some of the reputed cash flow markets on BP. Maybe I'm not comparing apples but it seems like they go for prices in line with well priced MLS deals. If this is the case I don't see the value add compared to buying from a larger pool of MLS inventory and selecting a reputed PM.

Am I missing something or are turnkey providers roughly equivalent to well selected MLS deals with decent property management, when working in strong cash flow markets?