I get with the higher purchase price, you won't be doing as many renos, but you need to see how that affects the ARV to compare apples to apples.

many turn key homes are bought in as is condition.. and then 15 to 40k is put into them to bring them up to turn key condition.. you maybe seeing properties that are in need of full rehab.have to compare apples to apples.

Obviously there is no true solution to currently to weed out all the bad apples ahead of time.

BANG.Print this and stick it on your fridge with a magnet and read it every Sunday afternoon.

I don't follow you on lawsuit magnet comment, tenants are not aware the house is paid off.

Then you have the change over from Apples to Grapes and other dynamics. 

@Andre Williams you will need a complete set of plans and specifications to get a thorough estimate so you can compare apples to apples.

What do you think of collecting rent with Apple Pay, Pro and Cons?

And growing up again in Cupertino  was somewhat like LA it was Lockheed in those days was the major driver before HP Intel Apple Varian etc.. came on the scene in the late 70s  now Lockheed is no more..

It was a tough to insure property, so the carrier ended up being Lloyds of London.1/3 off for 20x the coverage...Insurance brokers don't have a rate advantage, meaning ABC Carrier's rate is ABC Carrier's rate no matter if you go through a broker or call them directly, assuming you are comparing apples to apples and no one is upselling extra stuff.