While kind of interesting, some part of the country trade on a price per square foot basis....while other places do not at all, making it sort of a bad comparison across multiple markets where the metric has no meaning.

However, you are doing a similar apples to oranges comparison, but for a particular section of town. 

In order to have a proper comparison you have to take into account the amount of time and effort spent on each investment.

(just pretend to be looking for an apartment)Many like to Greige the walls, and if you find 2 or 3 you can get an idea of what they think will be popular cabinet and counter colors in your area with Agreeable Gray (a form of Greige).For comparison, many public assistance projects use Navajo White or some for of it, because they don't have to worry about attracting renters.

The comparison of a turnkey vs brrrr are polar opposits.Turnkey = On market, no work, little if any equity capture.Brrr = Off-market (hopefully), tons of work and tons of equity capture when done right.A closer comparison would be to buy a rent-ready house off the MLS in your market and hire a PM or do an OOS TK.  

Note any differences, because prospective tenants certainly will.What I'm getting at is the low rent and higher rent properties may not be an apples to apples comparison,and to get the same rent it's more likely if they are very similar.That plus the current low rent tenants may not be able to handle a huge bump like that, so you will need new higher earning tenants.Good Luck!

I know in my market getting conventional or FHA financing on a property with multiple residential buildings on it can be tough because a lot of banks consider is non confirming or essentially there are little to no comps to use as a comparison. 

I am currently in the military and deployed looking to use my VA loan benefits to purchase a multi family home once I get back. I plan on living in one unit for a year, moving, and continuing to rent out all units. My...

I think you should look at other things in terms of your negotiation, a washer/dryer is minuscule in comparison to an inspection report, comps in the area, recent sales data etc.

Hi folksI've been out of the loop for a while - been engrossed in a Property Management accounting project, working with Appfolio.Heads up, though:  I am preparing to compile a thorough Property Management Software Comparison matrix.