So I picked up a good book on flipping houses called, "Flip: How to  Find, Fix, and Sell Houses for Profit" by Rick Villani and Clay Davis.  

@Clay Manship It really doesn't matter if there is true equity there; it only matters that Fannie Mae thinks there is.

I know, I know, I know I should have a prof-pic, but the upload button doesn't like my Xoom tablet, or its the other way round...

Apologies for the poor hyperlinks, BP doesn't  always work well on my tablet.         

@Clay Smith   I think you can find out what investors will pay by just popping on any of the TK companies websites and checking out rent to price ratios... 1% is a good number.some do a little better... 2% from turn key in my mind will be C,D class and risk of failure may out weight the benefits of buying at that price point.

Most are clay tile which isn't typically a massive expense.

I invest in sw jax, clay county.  

Then they set about creating their one, perfect pot for the competition.The second half of the class immediately grabbed fistfuls of clay and started churning out pots.

Jonathan@Joe Villeneuve @Clay Smith 

Jonathan@Joe Villeneuve @Clay Smith