Numbers on the property look like this:Purcahse Price:$143,200 Repairs: $32,944Carrying Cost: $746/month (utilities and loan payments)( carried for 2 months and counting) Total invested:$177,636 ARV: $205,000Listed at $209,950 ( on market 30 days, alot of interest and compliments but that doesnt matter because I have a big fat Zero offers) Major issue is home has a permitted garage conversion and buyers in that price range in the local market really want a garage.

Biggest downside to turnkey IMO would be the difficulty of buying a turnkey property with in-built equity.Many investors are always after some fat being left on the bone and this is hard when buying turnkey as the provider wants to make sufficient margins on the product for the services provided.Thanks and much success.

I would want much more fat in the deal at that price.If you can pick it up between $150,000 - $200,000, that would justify the risk IMOThere are opportunities in the Midwest where you can make $20,000 - $30,000 on wholesale deals in the $70,000 - $100,000 range.Thanks and have a great day.

I have been using 10%, 14%, and 8% and didnd think they had THAT much fat in them.

Fat forward to about 3 weeks ago.

Now we are into Mobile Home Parks and are fat dumb and happy in that position now.

You will always be the "fat-cat, big-shot investor" who stole his house out from under him when he was vulnerable.

Attach a nice big fat earnest money check.

It seems that you are transparent so you get a fat ol "good job" check!

told wife someone stole my trailer, she said call sheriffs office,  I went to look at the video, the week before  there was a little fat guy that looked very similar to me. driving my truck that drove off with it.