It may take 1-2 years and by the end you will have forced some appreciation from the renovations but also got some natural appreciation from the market.

@Arron Paulino Your posts illustrate the challenges of exiting SFH's in markets where the natural buyer is another investor and not home owner.

For some reason we human love to try fighting nature, thinking we can "tame" it, despite failing a whole lot at it. 

Most likely the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the “cause of action” arose in that state.

And of course it has worked incredibly well on the money raising side.. what I see happening is a very natural progression with someone who has the visibility and popularity as Brandon.. it takes a huge support staff and fulfillment team to create what we are seeing.I think you are on to something.I think Brandon's role is not necessarily to find the deal or to manage the deal.

That's the nature of the market in 2025.

Meaning if one partner initially contributes 60% & the other contributes 40% then that would naturally give you a 60/40 split2.

Agree it is difficult to assess costs when they vary so much by location.Keep in mind that some turnovers are sickenly expensive, and that is just the nature of the business. 

Naturally, I assumed REI’s "white-glove" service included a strong legal team to handle these situations efficiently.

At the end of the project's life the land must be restored to a natural state and the materials must be recycled if possible, eg. stripping out metal, etc.