This is key to assessing where your market is heading.

I feel an open dialog is key.

Businesses are KEY to sucess.

A key IRS rule is the holding period of the replacement property.

You need to ensure that there is still this profit potential left by the time they take their cut of the deal.For the the most part, I don't trust many of these "turn-key rental" companies, but if you can find one with a good track record -- and if you are knowledgeable enough to vet the deal yourself -- it's possible that these returns are accurate.

I just wanted to resurect this thread becuase Im zeroing in on what this will actually cost me and what type of income it would generate.Roughly it would generate $11,300/mo (4 3bed, 6 2bed, 6 1bed & Im operating on the conservative side for the rent amount).Expenses would roughly be debt service of about $6,600, $900 for property insurance, Its exempt from property insurance for 5 years (renisance zone), $700 in maintenance, and I would do all the property management.We are talking the place from the gutting phase all the way to turn key for a million bucks.

You would just ignore the LLC for tax purposes and let the rental income flow through your return.Also, to help with taxes, a key thing you can do is to own more property that you can depreciate.

We serve predominantly first-time homebuyers, and for that market segment, the key to a quick sale is ensuring that everything is brand new.That said, it doesn't matter if it's low-end new or high-end new, as long as it's new.

Comping properties is an artform and takes lots of practice. many RE agents can't even perform such a task for rehab flippers, even with all their access to MLS data.The key to evaluating your exit value (ARV) is to really know your market, know what it was doing and what it is doing.

Persistence is key!