Turnkey, brrr, or what? Suggestions for my situation?

[Leela Weiss]

Hello all!

I am excited to have such a large knowledgeable community to ask this out to:

I am coming into a chunk of money from an inheritance sort-of-speak. I have the money and time but little-to-no experience. I'm also not exactly a hustler/deal-maker, so I just assume tasking this out to the pros would be smart to get in the game.

I would like to buy a multifamily to generate passive monthly income. However, I am in the Seattle area and house prices are higher here, so I was thinking of looking out-of-state. A turnkey deal seems to meet my needs of bringing the experience but I don't want to get taken advantage of either.

What would you suggest is the best way to go?

1. turnkey or work with wholesalers on finding a deal?

2. stay local or look out-of-state?

I appreciate your input!