Phase 1: BRRR House 1 PurchasePurchase Price: $76,888Closing Costs:    $ 4,690Total Initial Investment: $81,578Phase 2: RenovationsReno Budget: $25,000Phase 3: RefinanceAfter 1.5 years of slow renovations the house was appraised at $175,000.Existing mortgage balance before refinance $61,5000Refinance Mortgage New Amount: $105,000Cash Out In Hand: $39,700Phase 4: Purchase Another House - BRRR2Purchase Price: $120,000Down Payment: $24,000Closing Cost: $5,500Total Initial Investment: $29,500Phase 5: Rent BRRR House #1Mortgage: $657Insurance: $75Total Cost: $732Monthly Rental Income: $1,450Monthly Passive Cashflow: $718**** I was really lucky with getting $1,450 as the monthly rent, was really expecting $1,300.

Not looking for a renovation company .

When you do not live in the market, it can be very difficult to hire contractors, find a good PM etc.A Turnkey Provider should own, renovate, and manage the property all IN HOUSE.

Most home owners do not mind renovate it. 

(not likely under the circumstances you've painted) Not sure what anyone can do for you at this point, but certain individuals here may be able to help you find the money to renovate properly @Ann Bellamy ?

Purchased in July for $242k renovated for 30k worth 300k, took the higher interest rate for some cash at closing.  

If it's a larger organization, feel free to inquire about their different staff qualifications.2.

What has been your experience pre-selling flips by listing them before reno is complete? Listing would include high quality exterior & interior renderings, floor plans, description of finishes, plus something like...

I would think that someone that has done a major renovation like this before would have a better chance of making money on the deal.

The only stipulation is that if you want your guarantee back a third time you have to sell off all those doors (which is when I’d 1031 into a larger multi family).