this wont work on pretty much all levels  too much cash ripped out up front  relying on refinances that may or may not come .. appreciation which is not a guarantee  plus other than Chris here show me any other TK type out fit that has been in business for 15 years.. that's a LOOOONG time in this industry.. 

Pitbulls are the hot dog used for fighting, and others get them to represent some sort of masculinity.

I mean I have not seen one turnkey out fit set up in Denver or San Jose or LA.. and market investment properties to someone living in Ohio ?  

@James Wise  there is one bigger player there I know I went and checked out his out fit well run 20 some employees.. although I will just have to say that 45k homes in Detroit are no way B class easy to manage.. having done hundreds of funding's there and know the areas..

@Ron James maybe not an answer to the question you asked, but A few years back, I liked the idea that the turnkey outfits were pitching.

It is NOT  a red flag that a vendor will only work with cash buyers that is just things that are promulgated by other turn key outfits.

For example, for a new roof on a recent flip we completed earlier this year, we were quoted $35,000 by one outfit and got the work done for $16,000.        

Or a similar out fit?

You can only dictate how long that process takes.I don’t know their outfit, but if you have been on BP for a while you know people aren’t shy to bash a company and it’s tough to find a lot of negative comments about service relative to their size.

Barring that, the amount involved could be enough to take him to small claims court.Failing either of those, it’s several important lessons learned (Albeit at an expensive price tag). 1) Get multiple bids. 2) don’t always trust your realtors contractor recommendations (had a guy once bid pre-close and then double the same bid post-close, clearly in cahoots with the realtor) and 3) don’t pay small contractors/handymen before any work is done (more comfortable doing this on large/sophisticated outfits).