You might come across that term, look it up in the book and decide you don't need to investigate it further because you have other metrics you are focusing on right now, but at least you understand the basic idea.I think this reviewer had an unrealistic expectation of the depth an author can get into in a book that defines and gives examples of 37 different financial metrics.

However I kinda feel like Kris is painting a unrealistic picture on how easy it will be.

If a deal is on the market for more than a year, something is either really wrong with the property/market or the seller wants an unrealistic price6.

@James Wise look, I’m not expecting the management to work for free or anything or have unrealistic expectations of making a ton of money.  

Thats an unrealistic expectation and can only yield desaster - just talk to a project manager who works for a builder and ask him what he thinks about that idea!

@James Heacock Here are the key things to look for in a turn key company and what to avoid.If you're going to go the turn key route, in general, the ones to avoid are the ones that: Don't allow financing or a finance contingency (it can be a good indication they are selling above market value)Don't allow for your own independent property inspectionAre not realistic with their pro forma's (i.e. they don't include vacancy or maintenance projections or use unrealistically low vacancy factors)Require you to pay for any renovation upfrontSell only in cheap. low end neighborhoodsDon't accurately represent the neighborhood/property classificationDon't have consistent rehab standards for all propertiesDon't provide a scope of work for the propertyCan't provide references of repeat investorsRequire you to close before a tenant is in place

They did a good job of dealing with the dud tenant  I wish their record keeping and reporting on maintenance issues were a little more in depth, but then this is the first PM I have dealt with so I may have unrealistic expectations.

For the last 5 years Everybody wants to be a flipper, most don’t have the solid financial ability and have unrealistic expectations. 

Things like a 25% expense ratio for a single family house in a D neighborhood (the TK operator says it's a B though); blatantly false property tax numbers; unattainable rent rates ...For those of you considering a TK purchase, a 20% expense-to-rent ratio is completely unrealistic for ANY single family rental around here, regardless of neighborhood class. 50% is more like it, give or take a little.

There's no penalty to a buyer for being unrealistic about rehab costs.