Houses are completely trashed but good bones and in developing area.

There are a lot of really terrible flips here, so there's opportunity to separate yourself from the competition, just make sure you budget correctly and make sure there's enough meat on the bone. 

I personally think there is not enough meat on the bone. 

If you want to flip, all plumbing must be updated to be solid platinum and new roofs made out of flattened dinosaur bones.

Daniel Purcell I thought so myself I have single family but not multi I find that they're very pricey as is and there is little to no meat on the bone after purchasing.

But what about property with less meat on the bone so to say... maybe something that is a solid investment but less cash flow and turn key.

Now, I'm wondering whether it would be "a good deal" to keep my current home and rent it out, or if it would be smarter to sell it.Here are some details on our current home / things to consider:Purchase price: $106kCurrent value (approx): $180kCurrent mortgage: $65k, 10 years left, 15 yr fixed @ 2.875% ($599/m PI)Home is updated/remodeled throughout, with good bones, and some robust materials used (hardwood floors, porcelain tile, etc).

It's natural to want to shift the responsibility for those expenses on to the tenant as they slice your profit margin for the year down to nothing and start to hack into the bone for a loss.And this one big reason is why self-sufficient handymen typically do well in SFR, especially the high-maintenance lower categories, while others do not.

That being said, with turnkey anything, it's challenging to find a BRRRR because you're getting them from another investor and there isn't any reason for them to leave 25% on the bone when they can easily find investors with 10% equity or often 0%.

I run a meetup in Everett at Bone Up Brewery.