I live in a university town, so there is actually more 'churn' with tenants than what I think may be experienced in non-university areas.

FOMO will work against impatient, fee driven companies who need deal churn to generate fees and make a living.

I am looking to team up with an accomplished flipper who already has a network of contractors that have proven success of churning out high quality homes. 

Obviously, any buyer should do extreme diligence when purchasing anything from anybody, but I feel that the "burn and churn" approach adopted by this group is not really something anyone would wish to enjoy. 

ABC Bank wants someone who churns through as many vanilla 3.5% to 20% down owner occ SFR loans, and as many vanilla refinances, as is humanly possible. 

In fact they are financially better off if they churn the tenants since they often collect signing fees and a percentage of the refurb bill.

Which means I'm constantly churning through tenants.

This leads to increased utility costs)- 'Weird Smells'The list can keep going but I hope this helps you churn some ideas about buying an old property.

My gut churned for a few days.

The easy path is to "churn & burn" PMC's.A better idea might be to ask your PMC a LOT of questions about what they are doing and try to brainstorm fixes:1) Are they offering self-showings?