Good comm will be key.

If you want to be nice you can give them either more time or a monetary incentive (cash for keys).

@Saji Ijiyemi a primary residence isn't an investment so it is harder to say, if it followed the only $27k repair budget it might save you the other $25k off of buying turn key, but the repair budget isn't set in stone (could change) and if you have FHA financing they probably won't let you buy it due to condition anyway. 

Partial Cashout refi  - take out 40K in equity and invest the money for a couple years in a turn key or syndication to build up our working capital.3.

The site makes everything appear very turn-key and the reason it caught our interest is that they work in two of the markets we are looking at.

If you are buying partials, some key things to ask are:1.

We let them have the keys for a week or two.

The key here is (1) the seller is motivated ( desperate ) enough to give up control of his property to someone who has little if any capital invested, while receiving no money upfront himself and still maintaining liability on his mortgage, and/or (2) the seller is convinced that you will be successful AND that his risk is small AND that he will receive future benefits.

Update is that my husband is at the unit today removing locks to be re keyed.

Growing your referral base is key to your success as an investor.