So $11,222 times 22% is $2,468 - leaving you a true profit on the house of $8,754 for an all encompassing 6 month intensive project that you will likely feel lucky to get out of with that profit, because you did your very best to minimize expenses along the way.How do you quantify this number?  

@Rakesh Battula, before even looking at the true financials like Nikolas quickly did, there are some things that don't make sense:1: If it is 100% occupied, why are you assuming anything about free rents with estimates.  

Folks sometimes think you can make as many loans as you want from your own funds without a license, that's not true, you need a license if you make 8 or more. 

And I know I am probably sounding like a broken record at this point but, it's true, OR via doing a Contract For Deed. 

Came to find out that was not true at all. 

Also, there are numerous challenges dealing with Turnkey providers:1) Terrible renovation work - we've taken over many properties that investor bought turnkey and they were shocked to learn the true condition of their property from our TakeOver video.

However, its true value lies in education, ethical standards, and networking.

It is true that in some super small, rural place of America there may not be many options. 

@Jose Guillu if it's too good to be true...well, you know the rest.  

If not true, should I expect greater returns from the MFR versus the SFR?