Are there any down sides to turn key investments?

[Vivian Hernandez]

l have been interested in passive income in addition to wholesaling, how does one get into Turn key investing?

[James B.]

@Vivian Hernandez

Turn-key is not fully passive, as it takes effort on your part- but again, what's your time worth?

I think @James Wise and @Jay Hinrichs said it: you must vet the team and manage those that manage your property. Go meet them and do a tour of the market with several providers, talk to several Property Management companies.

Technology is also your friend. Have your PM's send you videos, pics of everything, if they perform any work, know what is a fair, competitive cost. They must account the income and expenses of the property with a software platform that you can log into and track. Also, email, text, Skype, and BP are an efficient way to communicate with your managers.  Ask tons of questions and learn as you earn-good luck!