The info provided is from a wholesaler Please note he states its a teardown and the asking price is more than the comps he provided which are larger properties than the subject property.SFR2 bed / 1 bath 792 sf Lot: 8,599 sfPickup Price: $475KEst Rehab: $775KAfter Repair Value: $1.8M ($450K per unit)Tear down existing home to build 4 brand new townhouses with 3 bed 3 bath and approx 1,500 sf each unitComparables: 12307 Cheshire St # A Norwalk, CA - 3 bed 3 bath 1,322 sf Sold Price: $435,000 14786 Pioneer Blvd Norwalk, CA - 3 bed 3 bath 1,483 sf Sold Price: $422,000 12309 Cheshire St # C Norwalk, CA - 3 bed 3 bath 1,142 sf Sold Price: $417,000

For example, the duplex I bought in January has brand new HVAC on both sides and 3 year old roof, and upgrades to interior 3-5 years ago.

I was looking back in my emails after reading this thread and I was sent information by ABC Capital by Oliver, cc Jay on how to sell their turnkeys to Investor clients in February 2017.

I'm a brand spanking new Landlord and I'm having a very hard time finding a reputable handyman that services the Eastside. 

There are companies pounding my inbox that I should build out my brand, spend a bunch of money on videos, photos, design, Google marketing, affiliate sales, etc.... for a higher return and control of my own destiny. 

Without an specific example regarding how my issurance is voided, this discussion is over.For kicks,  I may check with another of the brand name underwriters.

If I had known and bout then I would be killing it right now.If you find a way to reach those brand spanking new LTs at their BOLCs (perhaps active advertising to military in BOLC locations) I think it could be a huge success.

If fixing the house is more expensive than just demoing and redoing it.THat is the simple answer.However you also need to take into account that even if redoing it is (slightly ) more expensive than just fixing said sheetrock... know that a full gut, will result you in a brand new house interior... something that fixing and patching will never even come close to.

The franchisor does not want residential real estate transaction run through the brand and I agree with that philosophy.However, I personally invest in residential rental properties and know I can easily grow a separate company that will handle residential real estate brokerage transactions and residential management assignments. 

I'm brand new to BP but jumped in as a pro user.