I think that really is the key to the equation.

And yes, the whole point of capital-T Turnkey is to take the guesswork and a lot of the risk out of the equation - that's what you pay for.

You are leaving the carrying costs (time and money it takes to repair) out of the equation.

When referring to 50% expenses, what ones would equate this percentage?  

Have comps to justify your after repair value - This number is the most critical in the entire equation.

It is a deplorable side effect derived from equating tenants to a customer....the  "customer is always right" "place your customers interests first"  etc. mentality.We need to get back on top and as with everything else regarding investing leverage is the key. 

Normally that may equate out to approx .75% to the rate.  

. - If you turn that equity into a line of credit, you could buy fund 18 SFH turnkey properties (@$70k) in Indianapolis with an average rent of $750 which would equate into over $13,000 per month of income.

is there a way to see how much house I can afford with the income that I make? What I would like to do is purchase a house that I can live in through FHA for a year then rent it out and move to a different house but w...

Confirm with a good CPA, obviously, but it's another variable in our equation that we can use to our advantage.