@Ryan Holland - I spoke with turnkey operator Memphis Invest a couple months ago and asked about the possibility of purchasing one of their properties in the pre-rehab state, have them rehab the property, and then do the rest they would do as a TK provider. The person I was speaking with said this was a possibility. It occurred to me that this could actually work out as a BRRR. No promises were made by Memphis Invest that I would actually be able to pull off a BRRR. We didn't get into significant detail on this.
I didn't pursue the idea further because I was more interested in locking-in a low interest rate on a long-term mortgage and I felt I would be taking on most of the risk of the deal. But I just wanted to throw that idea out there.
Maybe Memphis Invest management wants to chime in? @Chris Clothier
