Pros and cons of turnkey investments

[Martin Fields]

I am looking to do my first deal within the next 3-6 months and currently live in Washington DC. Since I am currently priced out of the DC market I think it makes the most sense to invest out of state. Being that this is my first deal I am looking into working with a company that provides turnkey investments to go through the process of closing a deal with minimal risk.

What are some of the advantages and disadvantages of turnkey investments and what are they typical returns once should expect from this type of investment?

Thanks!