This is a micro economic condition based on a specific market as not all markets perform the same.

(@Jonathan Greene DM us if you'd like to chat about them)Regarding turnkey in Metro Detroit, haven't seen anyone do it the right way:( We've picked up dozens of their clients that fire them due to poor tenant performance and nonstop repairs on their "turnkey" properties. 

I would highly recommend you create a Market Report in PriceLabs to see how similar properties nearby are actually performing.

It seems like Wagner is just a broker and the issue is with the builder who isn't performing? 

The math says to perform $500 sewer clearing each year instead of $5000 excavation, but the $5k bought peace of mind.

I created the following decision tree diagram to illustrate the decision process (click to enlarge).The above decision process is based on the property’s performance record, with the goal of achieving financial freedom in mind.Financial freedom is not just replacing your current income.

This is an ongoing situation and I’m hopeful that with RTR’s help, this story has a positive ending.TLDR:Property not performing as advertised.

You have to properly vet and perform thorough due diligence (which I didn't do a couple years ago when I first jumped in).

The Cape also in my opinion is oversaturated with STR's so it's challenging to find a base number of how your property will perform. 

My wife and I have a few homes near campus we use as student rentals and they certainly perform well.