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Updated 6 months ago,
Help - Turnkey Property no CF
We are looking at purchasing a turnkey property near UTSA where it will be our primary residence for two years and then a rental. Is it worth the risk to purchase a property that will not cash flow immediately? We’ve done it with another property we own in CA where we managed it ourselves and eventually it cash flowed. I’m not as familiar with the market here and if it’s too big of a risk. We would have to rent it for 2,800k/month 4b 2.5b. Thoughts?