I'm by no means a real estate tycoon but I have 17 doors and have replaced a bit of carpet over the past 4 years.To give a sense of the costs of my last carpet install about two months ago:Small SF House (Living room, hall, 2BR w/ closets, 8 stairs and den):92 yards of Galloway River Birch ($6.21 yd): $571 total92 yards of Berberbond Premium 8# pad, 3/8" ($5.67 yd): $521 total8 steps at $8.50 per: $68 totaltax: $79Installation: $97Measurement fee credit: -$35Total: $1302.45The installers were a local installation outfit contracted by HD.

@Hattie Dizmond  this is common through most of the RE industry and the NOte business.you have note tapes that claim ARV ' of this and that and they are not anywhere close to the true ARVs but novice note buyers don't know the difference.Turn key the same thing happens  one turn key out fit has the exact same house rent etc and one is 10k hirer then the other.. and one look at marketing agents who resell for turn key they add their vig to the top. or even sellers who list for 20k higher than market and are just retail folks out of touch.Its really up to  the buyer know what the heck they are doing...

@Curt Davis  I agree with your premise on running the numbers... if investors are buying in these markets that are well known for stable pricing IE not much if any real appreciation .." you should not expect it and it should only be a bonus "  we hear that time and again someone must have coined it and so these investor repeat it LOL... but if that's the case then building a ROI porforma and throwing in any kind of appreciation is not going to be accurate.. the only real appreciation that I have seen in the 7 markets I personally work in is on the wholesale side were you guys picked up houses for 20 to 25k before rehab.. now they are 25 to 35k.. and that generally has not translated to any benefit for the long term buy and holder.. they will always be competing against the very organized sales outfits like you guys.. so there is no way they can sell a home for more than what ever you or MI or any other turn key company is selling it for your all fishing out of the same barrel.what the turn key buyer wants to keep in mind is just like our thought process out here on the west coast were break even or even a little negative is just fine and dandy.. your tenant is paying your house off your real profit or gain is when your properties are paid for and someone else has paid for it.. to me any spendable cash flow on a rental is TOTAL gravy and over a long hold period you pump a lot of that back into the home as turnover and cap ex on rentals is far more than any proformas .So in my mind Turn key  for the WHY mid west has  that @Joel Owens is wondering about.1. simply the new starter property choice for those priced out of their own markets this is the number one driver.. 2.

The neighbors told me that a remediation outfit in haz-mat suits spent 3 days pulling stuff out of this place.

Monthly reports can be generated for all properties.Erentpayment seems like a small outfit but their customer service has been responsive and pleasant.  

I think if you find a good outfit you can definitely make money and they will make your life a lot easier, as well as save you time.

They often outfit their homes with the same appliances, fixtures and flooring so that their maintenance crews have parts on hand when they make house calls.They have deep pockets and are dispassionate buyers, paying with cash and never fussing over the carpet or paint color.Spring Hill is about an hour’s drive south of downtown Nashville.

Another example- One of the outfits I'm looking at lists "B+" properties.

Or in other shows they'll cut to the flipper talking about some drama going on with the project, speaking in the present tense, and they're wearing a specific outfit and then later after the drama has been resolved days later you'll see the flipper wearing the same exact outfit talking about having solved the drama in the past tense.  

(you can also consider ordering your own appraisal, but any good outfit will provide one from a reputable source)10.