What are the pro's for purchasing Turn-key rental properties?

[Nicholas Pedrick]

I'm looking to start investing in properties this year. I find myself leaning towards properties that I can rehab on some level to ultimately gain more equity overall. However, I see a lot of experienced investors building their strategy around turn-key rental properties.

1.) Why is the strategy so popular?

2.) What are the benefits of purchasing Turn-key rentals vs. Properties that need a little bit more help?

Any advice and insight from experienced pros would be very helpful in helping me figure out my next step with investing

Thanks for all your help!