Running comps is more art than science and there is no single formula to adjust upwards or downwards as every market has its own norms and the same can be said for sub-markets within that market. 

I mean I am turnkey I was the number 24 new home builder out of the top 30 in the Portland market.. and all of are product are TURNkey I suspect  they are brand new homes.. just like the buys I fund here in the PDX metro area they are flippers.. they just NEVER sell to investors its all home owners.. and homeowners want fresh new modern rehab.. so investors same thing they want fresh new rehabbed rentals.. and if you can bring the management component that helps them.. but I bet Memphis has their share of flippers that sell to home owners.. they are turn key in a sense..

Now, if the house was more modern (like the other houses in the surrounding area) then this price tag makes sense.That said, we really liked the area, so we're keeping our home screener set on the Dayton area.

Still haven't taken the kiddos to the science center there.

I  may have been a bit right of center based on where parties were 10-20 years ago but now old “left of center” would get you called “alt right fascist” by today’s modern 200 genders left.

The house will also need some modernization throughout with focus on the kitchen and bathrooms.

We have an apartment building with one elevator that's going to be down for 6 weeks early next year for modernization.

I just read $4.50 foot to install copalum in swiches and outlets...but there are little purple boxes that are alternative type of pigtailing. 1970‘s track house is a good first rehab...its a modern house.

In both the premodern and modern eras, this has outperformed the others on a risk-adjusted basis.

He does several flips at a time and he has the project management aspects of it down to a science.