Also, I plan to put 20% down...rather than 25%...which will allow me to keep cash on hand to complete the needed rehab.  

Investment Info:
SFR Buy & Hold Investment in Clearwater, FL.

Purchase price: $430,000

Cash invested: $85,000

I bought the property partially renovated on the interior, then proceeded to do upd...

I have come to the realization at least for me.. is they just give you the plans and if they are not kicked back fine they dont have to do anything else if they are they will address it at that time.. thereby costing us time and money.

BRRRR is a strategy for buying and rehabbing properties to increase cash flow and deal margins.

Additionally, the "implied warranty of habitability" obligates landlords to address pest infestations unless they result directly from tenant negligence.Lol how do I even respond?

Turnkey just means you're buying properties that are rent ready and need no rehab (i.e. on day one you're ready to turn the key and move in).

For your Taylor property on Cornell (purchased 2023), the loan is higher than the purchase price (I'm assuming to help cover the rehab).

The overall experience was ok, I think the Morris group realized that partnering with new construction groups is a cleaner approach rather than selling dilapidated properties and trusting rehab teams to remediate the property in earnest. 

Do you know what address location for GA and how you got this info.

On Page 134, he lists the following when analyzing a deal:Sales Price: $132,490.00Sales Expenses: $17,000.00Loan Balance: $55,004.72Total Invested Capital: $35,950.00Profit: $24,535.28I agree with his thought process here when he calculates net profit, but I'm trying to verify the net profit by adding up all the sources of income over the past five years in his example by doing the following:Appreciation over five years=$12,490 (see chart on Page 133).Cash flow ($297.73x12x5)=$17,863.80 over five years.Loan paydown: ($60,000-55,004.72)=$4,995.28 over five years.Sales Expenses are still $17,000.Doing the math, profit= $12,490+$17,863.80+$4,995.28-$17,000=$18,349.08There is a $6,186.20 difference from the net profit he calculates.My question is: Is this $6,186.20 difference due to the forced appreciation gained in the property from the rehab he does in this example?