FYI You can’t rent on Airbnb in nyc in a multiple dwelling which is a building with 3+ residential units unless you are staying there as well.

But is it unrealistic to think that a new investor could buy a property from a turnkey company and have instant equity in a house?

They listed every property for 40-45k lower than the zestimate making it to be instant equity even if one doesn't get a lower price than the asking price.9 - SFH and then Multi?

Also, each brokerage and MLS chooses whether or not to syndicate to Zillow and I know many that have removed their feeds following Zillow's "instant offers" decision.

It works fine, but on another unit I have the tenants pay me electronically though BOA and its instant, instead of waiting the 5 days for the Cozy payment to process. 

I have a house in san jose downtown zoned R18 (Single family house with a ADU(Accessory Dwelling Unit) - In law unit.

I ended up getting it approved rezoned and permitted to convert it into an accessory dwelling unit. once its inspected and passes i can legally rent it out

In this case, I'm learning he's not very eager.I'm quite confident the properties will appraise between $130-140; if I was able to get it for $120k and they appraised for $140k, I would have had instant equity, and would be able to free up $105K or so (assuming 75% LTV), which I could then use to do another cash deal that I have my eye on.

I go back outside, take some more deep breaths, then go in the opposite side of the dwelling and open more windows.

. Ownership of a multifamily property consisting of more than four dwelling units. Joint or total ownership of a property that is held in the name of a corporation or S-corporation, even if the borrower is the owner of the corporation and the financing is in the name of the corporation or S-corporation. Ownership in a timeshare. Ownership of a vacant (residential) lot. Ownership of a property that is held in the name of an LLC or partnership where the borrower(s) have an individual or combined ownership in the LLC or partnership of less than 25% and the financing is in the name of the LLC or partnership. Ownership of a manufactured home on a leasehold estate not titled as real property (chattel lien on the home).