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Updated almost 11 years ago,
Full time job, Out-of-State: Build own team or go turnkey?
For those of you with full time jobs and a passive approach to REI: When you don’t have sub 50K properties within driving distance are you just going the out of state turnkey route? Or have you found success flying out somewhere for a week and building a team on your own (hopefully with a few leads from BP or elsewhere)? I am struggling with trying to contrast the increased effort/time associated with setting things up on your own (with the promise of securing more value) VS relying on a turnkey team and purchasing a property at list price. My focus is on cash flow and I see appreciation, at least in the short run, as simply a bonus. Thanks for sharing your experiences.