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Updated almost 7 years ago,
Does it make sense to buy a turn key property?
I have a few off market opportunities that are turn key in my market. When does it make sense to purchase something like this? They are in great A class areas and multi-family with condo like finishes, but wouldn't have much room for value add. Likely good long term investments. I am debating on buying, but normally only do class "C" value add, so it is outside of my comfort zone :-).
How do you make deals like this work, when should you buy them and what market/buyer normally buys them?