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Updated about 8 years ago,
Turnkey
I've been running numbers on turnkey in other states. I'm truly wondering if there is a point in investing in these properties after running the numbers. Typically, you see about 200-300 dollars in cash flow after expenses. I've seen a few posts ranging from 170-200 dollars for a single family home for CAP-EX. You deduct that amount and you're typically left with 100 dollars a door. What do most investors do to make their numbers work in their home areas? Also, with turn key would it be better to sell before all these expenditures hit. I was thinking about going to Kansas city, but at this point, I'm just considering house hacking and dropping a large down payment to not over leverage a property.