They get high quality low risk tenants and because the rentals are frequently longer than 30 days, they fall outside of normal STR restrictions on rentals of 30 days or less.

You can buy a property for $20k, but you'll need to put work into the property and you probably won't get a very good quality tenant.

The turnkey company has networks and systems in place to find the best properties and rehab to a high standard and quality.

Deciding to purchase my first multi-family using the FHA 203k loan, need referrals for quality working, licensed, and insured GC's that are experienced & familiar w/ the 203k process.

You can't just give notice and have them leave.If there is indeed an agreement for Deed in Lieu, you're still in the position of inheriting a tenant from the previous owner and I don't see how you can vet the quality of that tenant ahead of time.

You also get a better quality tenant.

The material is dull but it goes along with the requirements for the New York State exam so that was understandable.The quizzes and test prep material was enough for me - I passed the state exam on my first try.The course was less than $200 (with a groupon) so I'm sure the pricier options have higher quality test prep material. 

Good quality. - Appraised for $155,000 (more than I paid) - so overpaying was not an issue as it could be for some TK (so I've heard) - Tenant in place by closing, or they would pay my first month’s rent (first contract only obviously) - 2-year lease - Weekly updates while rehab was happening.

He is a quality guy with sound business and personal ethics.

There were multiple occasions where a property manager would go with a vendor that was friend/someone who took the PM out to lunch occasionally/etc, even though the prices were higher or the work was lower quality than the competitors.