That's just the nature of turnkey properties, whether you buy from these guys or anyone else.Given the current market, it makes sense for these providers to shift towards flipping and more value-add projects, despite the increased risk and operational challenges.

I get my "rock bottom" cabs from a local lumber/Ben Moore/True Value store.

The tenant is not as much focused on rent when they are strong regional to national in nature but the best spot they believe drives the most sales and profit annually.It's the lesser quality smaller tenants that are more sensitive to rents because their model is not often proven with scale or over time as much.So you have to know what you are buying and what to do with it.I buy same stuff for cash but I am the GP on the syndications and my LP's put in minimum 200k per deal as accredited investors.To convert the bank to medical would be very expensive.

the I-75 corridor including Ocala, Brooksville, Spring Hill, Lakeland, The Villages (yes, and everything around them) are all experiencing incredible growth as incoming folks are looking for good priced properties out of harms way for natural disasters. 

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $472,500

It is currently operating as a short-term rental.

What made you interested in investing in th...

Market could be hot one week and cold the next just from the nature of the market which could swing your values a certain amount

Many of the posts here are quasi-commercial/lead-generation in nature.

Many cities allow short-term rentals in Pinellas County, such as Largo, Indian Rocks Beach, and unincorporated areas, which all do very well with short-term rentals.

Naturally, you will learn a lot about RE from being licensed, but as you are starting, it is definitely overwhelming.

As a HML since the late 80s this space along with the syndication space is just full of these stories. it is so important to make sure you invest with sponsors that are rock solid..