Cheap buy in, new construction How did you find this deal and how did you negotiate it?

These people will let your property fall apart, repair they will go cheap and Capex you dont want to know.

It was really cheap though. lol.

However, on the flip side evictions in my market can take longer than 6 months and I would use a good eviction attorney which also is not cheap.  

Compared to Washington, the center of the country will look cheap and rents will be high relative to the price.Why does any property sit on the market? 

To make cashflow in real estate you need to have hook ups on cheap contractor work.

Student rentals are great because you rarely have to worry about vacancy, and you'll get a range of students willing to pay a premium to live in the nicest house off campus vs some students who just want a cheap apartment with their friends.

So go find that local person who teaches cheap classes, or provides a 1hr overview at a local REIA.Read the book the 16% solution for a general overview of concepts and ideas.

The other frustrating piece to that pie is that folks assume because properties are going for cheap in an area that contractor rehab work is going to be 'discounted' as well, and it is NOT discounted, it's the same going rate, if not MORE in less expensive neighborhoods because it is MORE COMPETITIVE in those areas for licensed contractors.

@Ivana Ivanovic most Turnkey Companies took advantage of the drop in prices after the Great RE Crash in 2008-2010.While values plummeted, rents didn't, allowing Turnkey companies to buy properties relatively cheap, fix them up and still sell at a profit due to relatively high rents.Around 2016, they could no longer do this with Class A properties, so they moved to Class B.Right after COVID, they were forced to move to Class C properties.What do you think most of them are doing now to justify selling at profitable prices for themselves?