Often, these buyer lists are comprised of unsophisticated buyers meaning you are competing on terms with other suitors who are poorly informed on value, cost etc. 2.

In Charlotte, NC and in Charleston, SC, we have such an extreme lack of inventory, especially at the lower end of affordability- seller's aren't giving up their 2.99% interest rate to downsize and pay more for a home with a higher rate, so they are staying on the sidelines. and Builders cannot ramp up fast enough, and are being very cautious due to interest rates, coupled with inflation, where their goods and services also cost more to build homes- and, after 2008-2010, where many got burned, and badly, they are super cautious.

@Karim Wahba, to add a little color to Chris's comment: the typical syndication costs between 10 and 15k to setup.  

Even if the first deal "costs" them money, it is the cost of education and they are better suited for the next.B) Of the handful of turnkey providers whose websites I have been to and deals I have looked out, let's just say they are certainly painting a VERY rosy picture.  

I just got my GC license and want to buy a property to remodel it myself to cut construction costs.

Circumstance of needing a place to live with the intent of selling for a profit mitigating costs How did you find this deal and how did you negotiate it?

So having said all that, properties that attract high quality tenants (location, location, location) cost more and have lower returns.

I would do nothing with it right now as the cost to borrow it is too expensive and real estate returns have been compressed.

Or a $500K property with a rehab budget of $200K and $35K for carrying costs and an ARV of $1M.

Take the selling price $750k, deduct selling costs ($50k?)