What a perfect blend of convenience for both parties.

And the blended return is superior for the risk involved.

It should either be returned to the option purchaser (in which case I'm sure they could be taken to court for damages and breach of contract) or given to the new house owner (in which case the transition is somewhat seamless to the option owner).

Say you buy at a 4 cap and then blend it up to a 5.5 cap on the way to a 7 cap but nationally we have a downward economy on the cycle?

Thank you to everyone that  helped the process went seamlessly.

We found a great one who was very helpful in our search and steered us towards the beach communities near Tampa as a blend of cash flow and potential appreciation.

Possibly some multi-colored strands and this will help you save the carpet a little longer by being able to blend stains/etc.

Preserving the 1950's solid wood doors, original back door, stained glass window and keeping as much of the original charm as possible, blending the fixtures and appliances that my previous clients had intended to use, and finally adding a little of my own flare with calming paint tones, modern flooring, and mismatched metal hardware.

Process was pretty seamless as it was purely a cosmetic flip in an affordable yet highly desirable area.

Cash on Cash returnsProperty A - 5% (Had a turn that cost one month rent, one month in lease up fees, and then almost another month rent in the turn as this tenant lived there for almost 3 years.)Property B - 27%Property C - 18%Property D - 17%Blended CoC - 16%IRR (For the sake of this, just cash on cash + principal paydown (before the cash-out refi's) went into this calculation)Property A - 10%Property B - 33%Property C - 22%Property D - 21%Blended IRR - 21%Factoring a cash out is always tough where to place it when looking at returns, yearly the returns would come out to 41%, 73%, 105%, and 100%, but really, with the money I've made and taken out I've already made back all of the money down into my pocket and then some so over 100% cash on cash overall.The crazy thing about the refi was that not only did I take money out, but the amount my payment increased over 30 years is LESS than what I took out due to lower interest rates now.Kansas City Property - Cash on Cash - 3%, IRR with above metrics - 7% - This property is the most expensive TK I've ever bought, it's a nice property with low issues, but once a turn hit, the property just took a while to rent back out.Turnkey isn't exactly TURNKEY and PASSIVE like everyone thinks.