I wouldn't mind seeing vendors, and I would attend as a potential vendor.

I have purchased turn-key in scenarios where the turnkey clearly made profit / mark-up on me, BUT because for instance they purchased 60 properties at a time (their acqusiiton prices had some economies of scale then if you purchased individually and potentially having to purchase all cash), they did similar rehab / redevelopment where they purchase tiles, flooring, furnaces,  appliances, etc in large volume at one time and got significant discounts from vendors, Lowes, etc that I just couldn't match, they have full time contractors which I could support, etc.  

Not yet court tested.For anyone who wants the 'full verbage' of what an ACH vendor would most likely say, below is what eRP.com customers see upon a returned transaction.

When you vendor finance a house how often does the debtor forfeit the mortgage?

LOL Bill,If Ben's region is even approaching ours, there are still properties out there with room for performance improvement and forced appreciation, it's just that the Vendors are expecting you to pay them for the potential results after you do all the work to improve performance, rather than for the value of the business as it currently operates.

RentPrep is on my short list of vendors I'd like to give a try to in the future.  

I simply call it vendor proceeds.

You need a strong understanding of human nature to manage the contractors and other vendors who might try to take advantage of your lack of experience.

From just not knowing the market to being exploited by vendors, it could be a rough ride.  

While that one may be based on larger lenders, they often have a lot of great content about the lending market, regulation changes, key industry events, introduction to vendors, etc.