Yep, in that comparison it is almost EXACTLY a wash (my calculator shows -$40 at eXp).  

Our market here in Yuma County is quite interesting these past couple of months, in comparison to Phoenix and Tucson it'd be that there's so many New Construction and very low supply, where it has turned the market into a sellers market.

Something like the Edgewater of Chicago or the Oakland County of Detroit, or the...I don't know many other comparisons.

I would be willing to bet that the number of failed LE investors, pale in comparison to the number of failed rental portfolio's.

It is really quite simple Russell, volume does not equate to an equal comparison of average income per agent.Look it up for yourself if you don't believe me.

Differnt strokes for different folks.The 2 links below show some comparisons for Phoenix vs Cleveland in the midwest this is very typical, not the huge gains in apprecation but also not the huge losses either.

(For comparison, my buyer offered a 2 year lease at the same monthly rent rate).

In comparison, the paint and carpet and everything else probably cost under$5,000.I have also heard that some turnkeys do not provide an independent inspection report or even allow the property to be inspected.

Imagine 7% of 600K and that is a intense number in comparison.

Anyway, The Sales Comparison Approach is another discussion