Poll for Jacksonville Turnkey Buyers

[Ali Boone]

Hey turnkey buyers! I'm looking for folks who are doing the turnkey thing in Jacksonville (through any provider, I don't care who or have ties to any of them).

I'm pondering whether I should start working more with turnkeys down there. I'm curious on buyer feedback though. 

Specifically, what is it you like about Jacksonville over other turnkey markets (Indy, KC, Memphis, Atlanta, Chicago, Philly, B-ham....)

The reality is, other markets have much higher returns, but I think Jacksonville may peak some interest regardless. 

Any insight you care to share?

[Lance Robinson]

Originally posted by @Charles McClure:

@Lance RobinsonWhat returns are good enough for you? What markets are delivering them?

In general numbers, I like A neighborhood SFRs at a 10+ cap with 15% CoC returns.

I also like solid B or better MF properties. I like a 15% CoC on these as well but generally a 12+ cap.

I like KC and Indy. I have also purchased both SFR and MF in Texas markets though with less returns because I like the rental demand.