My provider has just freshly renovated the home after acquiring it at a significant discount in an off market transaction. The property was distressed and got a complete makeover as detailed in Hassle Free Rentals with a new roof, HVAC, plumbing, etc. This is all designed to minimize the likelihood of any major repairs for the first few years of ownership. Once a well screened tenant is placed, our group will have the option to purchase the home at a price where the turnkey provider makes a profit, but still provides good cashflow for us. That’s why it is so key to get the property at a deep discount.
So did we pick it up? Watch and see.