The only two ways to rectify this are (1) purchase the property far below market price or (2) significantly increase the property net income usually through some method of “repositioning”. 

Usually turnkey operators suck the equity out of a deal and sell at or above market so there goes the equity. 

I signed up for their investor profile because I am interested in the appreciation in the North Texas (or northern suburbs of DFW) market.

To be honest in today’s market I’m not seeing nearly the amount of wiggle room in renegotiating a price based on repairs.

It’s exciting to hear about your plans to dive into this field, and Chicago is a fantastic market to explore once you move there.It sounds like you’re on the right track with your interest in House Hacking, Mid-Term Rentals, Short-Term Rentals, and the BRRRR strategy.

Fairmont is a good little market!

If anybody local (especially other wholesalers) or anybody else even out of my market wants to connect, feel free to reach out!

Rental market is pretty strong, there are a lot of good economic drivers.

What market are you referencing?