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I won't name the companies here, but I will caution anyone investing in turn-key to ask a few questions prior to selecting an operator: (1) are you a broker selling another company's turn-key?

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Without recent sales or feedback, it is not likely that your wife would be selected over the other two.

If you have not already done so, begin with the Ultimate Beginners Guide under the "Education" tab above and then select the "Guides" flyout.

Do your due diligence carefully before u select a partner.

The market at least for now is not exactly in the favor of the landlords esp in select neighborhoods.

She stated that she screwed up, and is terribly sorry, and not sure how this happened or how it was not caught by anyone....but that the loan product (Freddie Mac home possible) that they are using...went through everyone, passed underwriting, and then was selected for quality control and was noted that one of the home possible policies stipulates that: Ownership of other residential property The Borrower must not have an ownership interest in any other residential property as of the Note Date, or the Effective Date of Permanent Financing for Construction Conversion and Renovation Mortgages, except as stated below.

Does it make sense, in the cold light of day, to think that they've really got these fabulous bargains, reserved for just the select few who are happy to start off with a minus $25k balance?