I too would like to see some testimony form folks who have purchased form a turrnkey provider and sustained 5 to 10 year ROI consistent with the advertised 1st year ROI.

Understandable.Yep,As you know, PM is a pain in the a$$ but very needed for a sustainable business model as there are so many poor property managers out there.Thanks :)

.✅ Significant and sustained population growth.

Agreed,Should have been removed during rehab process but sometimes it can be missed.Rehabbed hundreds and many times the crews miss stuff so not completely on the seller.I always tell our investors to have common sense when doing a building inspection.Anything that can affect the long term sustainability of the property like foundation, roof, mechanics, HWH, furnace, electrical, plumbing is on us.Any cosmetic stuff that won't really affect rent or cashflow is up to negotiation.If investor is adamant on being fixed, we will fix but at a cost.There is no such thing as perfection on 50-100 year old homes.The demographic in my area also doesn't require perfection.If they do, we don't rent to such folks and advise the suburbs which come at a 3x monthly rent compared to the city.The tree should be removed by the seller and foundation addressed.Doesn't look too major to me anyway.Thanks 

This is also coming from the framework of my local market (Omaha) which can’t sustain as of an average cost per night as someplace more touristy.

I'm not talking about any specific program (there are others on top of the 2 you mentioned) but I've seen some of these groups get into a bidding frenzy against others from the same group to the point that the deals are just not sustainable. 

It’s my investments and they must be sustainable 

However, without my knowledge, the sellers executed a new 12month lease on 2-20-24 for less rent than what is needed to sustain a self sufficient operation. 

Hello BiggerPockets Community,I'm in the planning stages of an exciting project that aims to construct a sustainable and efficient duplex with a budget of $200,000.

However, I think that Kearny / Harrison will see more sustained and consistent rental rate growth.