I'm a retired engineer and have been successfully using income from these houses to support my retirement without dipping into retirement savings.I'm transitioning my business from rentals to a franchise and would consider selling one of my houses (5 br/4 ba - the other houses my son while he's still attending).

Our analysis is ARV - Rehab estimate - Finance Costs - Holding Costs = Profit.  

Correct me where I am wrong with my perception and walk me through the benefits of going with a turnkey company, where the profit is for the investor, and if the benefits outweigh the costs.  

Bathroom:Demo & Prep ($750):DIY toilet, vanity, and flooring removal.Professional plumber for plumbing adjustments.Toilet ($250):Standard, efficient model.Vanity & Sink ($900):A modest-sized vanity and sink combo.Flooring ($500):Wall Tile (Shower/Tub Area) ($1,000):Basic ceramic tile for the shower/tub surround.Shower/Bath Fixtures ($250):Update showerhead and faucet.Lighting & Paint ($250):DIY painting.Update light fixtures.Permits & Contingency ($3,000)Total rehab cost: $30,500Amount Needed: $30,500ROI: 45% of $30,500Investment Duration: 30days Profit: $13,725Total payout in 50days: $44,225EMD: The buyer has put down a 20% earnest money deposit based on the property’s ARV and they are all set to complete the purchase as soon as the rehab is done.To find out more about our Joint Venture projects, please visit our website: http://strandparkproperties.comWe're able to guarantee the return on investment (ROI) by finding buyers for the properties before listing them on our website for possible joint venture fix and flip.

:Before you go too deep into the process, look at how long the period of time is for the system to recover its cost from operational profit. 

much better. we build a stacked triplex in Columbus Ohio and our costs drop significantly to $130k a door on a stick framed with profit in the urban core.

“AGE”transition-  ag, indust, inform, and now to me Entertainment.  8.  

It should be relatively straightforward to begin discussing the goal-setting and planning process necessary to begin transitioning from current state to future state. 

The BRRRR method is a great way to quickly build up a rental portfolio and considering you are in one of the fastest appreciating markets in the US, you will be able to profit off of appreciation as well as rental income.I am a real estate agent for off-market distressed properties here in Fort Worth, Arlington and surrounding areas.

Higher property taxes in Worcester, coupled with a lower average household income, make profitability more difficult to maintain.