Tile is cold on bare feet, VPL is almost as warm as wood.

Even though I barely use it, I notice it has a lot of difficult features and a couple limitations.

On the net-net basis you are barely going to get advantage compared to investing in the US.

I think another overlooked factor is even if you're in that $900 rental range and the market will only bare a $1000 rent, by upgrading you could potentially appeal to more higher end tenants who will appreciate the updates, therefore less maintenance and vacancy.

If the rent is $1000 and they make only $3000 gross, after all taxes and deductions they would barely have over $2000 to pay rent and expenses.

I definitely want to swap notes.I agree with the comment that the numbers barely make sense given the current rental market, and really this is about a long-term buy and hold or build/flip for someone who wants to hold.

They may even keep buying, but turnkeys are so simple once you get going...no need to be back on here.I've worked with a ton of people who have bought turnkeys, and I will say that with minimal exception, I've barely ever seen a one of them ever back on BP once they bought and are into the turnkey process.

that place barely needed anything...is the offer financed?

While this works and is beneficial, it barely scratches the surface.

The only 'gift' we leave is a refrigerator/freezer thermometer in the fridge so new tenants can get the fridge and freezer set right especially after we turn it to barely on when the unit is empty for a bit.