Business model or business plan?

Where you able to do due diligence on their business model?

I recommend modelling your approach both ways over your intended holding period to see how each way works out, assuming you haven't already done that.

Once you've worked out all the kinks and implemented the processes, take the model and do the same with houses. 1.

To see what one successful Turnkey model looks like you can see an operational spreadsheet atAverage Turnkey Cash Flow Per Door In PhoenixMetro Area No Bank Neededhttps://www.biggerpockets.com/forums/600/topics/584916-average-cash-flow-per-door-in-phoenix-metro-area

@Clint Shelley, I'm building an RV park and am trying to build an operation expense model. 

We are thinking we'd rather not spend the extra cash on the re-model as it only brings us an extra $100 or so a month which will take us along time to make up the cost of the remodel and we'd rather use that extra $20000 to buy another house. 

I’ve been so busy in other emerging markets that I haven’t even extended there but with the right mindset and model, I’m sure you’ll crush it.

You get filthy rich by using a business model where you earn 50% to 100% on your money every year.

Thirdly -- and this point deserves it's own paragraph, I think -- I started to wonder how LP investors could possibly lose money on a well-run syndication, so I started making some models in Excel.