For us, we only buy a certain type of single-family home rental in DFW, so a very specific gut renovation package, and only in certain areas that have been heavily researched and we also bring a renovation/prop mgmt competitive advantage.

They also said they see this problem ALL the time in Philly… when the city or a private individual knocks down a rowhome, they are responsible for treating the exposed partition wall of the next door property to protect it from the elements.

Restricting certain elements you can advertise may not be good, but it is certainly not evil.Is the settlement good for sellers?

Unless you are altering roof lines, overhangs, driveways or other exterior elements, no site survey will be required."

The only reasoning behind thinking turnkey as a strategy because I thought I would get this readymade package where I get to do minimal work being an out of state investor.

I don't agree with the fee comment - certainly that can be an element of a scammy lender but there are certainly lenders that do require some upfront fees and other vendor/pass-through fees in addition to the appraisal. 

The business and real estate value are packaged in the deal, and the crux is that the current owner is the operator who has mismanaged, and is looking to retire.

The medium-term rental (sometimes referred to as mid-term rental) is an investing strategy that combines elements of short-term rentals and long-term rentals.

Forget the HUD when it comes to ownership, when you signed your documents there is a mortgage and note in that package.

Thanks Hey Troy, I would say the best bet is for you to try to sell it as a package deal and get a seasoned investor-agent to try to get you some action on it.