Rehab vs. Turnkey

[Winston Eastman]

Hi all,

I want to invest in a rental property out of state. It will be my first time buying a property. I was just wondering what makes an investor want to purchase a property to rehab vs. buying a move in ready property. My budget is small and it seems easier to buy a turnkey property to start out. But David Greene suggests those aren't necessarily a safe move and to do the work yourself. Just wondering what some have experienced with these two options and why they like one over the other.

Thanks in Advance and cheers!