Thanks.Jason Wilde

Very few other businesses have two products that are exactly the same, but down the block from each other with wildly different values.

Hi @Jason Wilde, I haven't seen a turn key provider yet here in Phoenix, so I hope someone chimes in.However, networking with good agents should be near turn key.

Built in 1973, in great condition, although does not have current upgrades.Since I am not yet a PRO user, I based on my rental calculations using great calculators from ListenMoneyMatters.com.SUMMARY:ESTIMATED VALUE (Zillow): $214,714.00 (In line with averaged real estate agent's Comps but slightly more conservative, as I think he threw in a couple outlier properties to bump the average a bit to entice my folks.)PURCHASE PRICE: $195,000.00 (price based solely on the amount left on my parents 4.25% HARP non-assumable mortgage)UPFRONT COST: $50,587.42 RENT ESTIMATE: $1750.00 ANNUAL NOI: $11,633.00GROSS YIELD: 10.79%CAP RATE: 5.98%CASH ON CASH: 5.56%CASH FLOW:ANNUAL: $2760.32MONTHLY: $230.031ST YEAR EQUITY: $2363.49ACQUISITION COSTS:DOWN PAYMENT: $48,641.75 (25% ) CLOSING COSTS: $1,945.67 (1%) *anticipate only using real estate attorney (no real estate agents) for more cost effective deal and save parents 6% commission; do not know actual attorney fee costs for closing so this number is a WAG (Wild *** Guess).MORTGAGE RATE: 4.5% *anticipated MORTGAGE TERM: 30 years ONGOING COSTS:PROPERTY TAX: $1,927.00/yrPROPERTY INSURANCE: $300.00/yr PROPERTY MANAGER: $175.00/mo (10%) VACANCY RATE: $350.00/mo (20% vacancy rate)MAJOR/MINOR CAPEX: $175.00/mo (10%)HEAT/AC: $92.00/mo (Averaged)HOA: $420.00/mo (has remained approx. $420.00 for decades; although the HOA just hired a property manager for the first time last year, but so far no indications of changing HOA fees)Notes:Rent estimate: $1,750.00 (local property manager assessed realistic rents between $1600-$2000+ per month on long-term lease or as vacation rental $140-200 a night/minimum 1 week stays).My parents are open to any type of creative financing deal, that would free them from paying mortgage (their current monthly mortgage payment is $1,000.00 (+ $420 HOA).

So take a wild guess on what I keep click, yup subscribing when all I really wanted to do is read the thread.

The problem your tenant is having is not the kids it is their parents, they are allowing their children to run wild.

They are all different with wildly different terms.  

Commercial brokerage and commercial syndication are two wildly different businesses.  

I sold a 80 unit to a client of mine and recommended Jeff he went with Jeff this was 8 years ago so when he is in town we go have dinner.. just a blast... for me personally I am going to stick to new construction for home owners I have 11 infil lots I bought 2 to 4 years ago so I am in them REAL good so I can weather any market changes.. and doing my subdivisions out in Grehsam that have been wildly successful.. just got to get throuth the next 50 or so homes then I can get some breathing room !!!

It's like children went wild with metallic paint and sponges.Here is a personal favorite from the San Francisco / San Mateo market that I've driven past multiple times.http://www.zillow.com/homedetails/45-Berryessa-Way...