In early 2020, we received a lead that quickly turned into one of the craziest situations we've ever encountered.

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.

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 reality is we are not in business to protect any other landlord than those who we manage properties forSad statement>math for our client owners works out much better to get a bad tenant out as soon as possible.i am not convinced because this policy encourages the behavior which increases the chance that you will encounter such a tenant.  

I’ve encountered managers who were fantastic in most areas but lacked in one or two key traits, and that was enough to impact the performance of the property.

Have you ever encountered unexpected repair issues during a flip, and what was your approach to resolving them?

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.

Cut free of your "golden handcuffs" with the minimal interest rates on these properties and sell them all (or the biggest headache properties) and do a 1031 exchange into a bigger property or package of multi families where the cash flow is better, numbers make sense, and you can streamline property maintenance and management rather than having 6 different single family homes. 

I've heard of people just putting their friends or family down as rental references and such, and forging pay stubs, but always hoped I would never encounter this.