A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...

When talking to a seller, what is your best rebuttal for "A real estate agent said that I could get $X for the home".

Assume $X is much higher than an investor would be willing to pay.