Is it possible to scale a Kansas City, MO Turn key?

[Michelle Reid]

My husband and I are looking for rental properties. We would like to BRRRR but we live in the NorthEast. Prices are SO high here that for our first (well second, we had a 2 family in the past) investment I'd hate to make a mistake on a $600k investment. Turn key out of state seems less risky if you find a good provider. The prices are a fraction and you off load much of the management to the PM.

However, is it possible to scale a turn key?  

If you buy for $100k with $20k down.  There is no forced equity since you bought it already rehabbed.  Can you ever access that original $20k to put toward other properties.  

I'm not convinced there will be too much upside left in this market for a good number of years.  Some say KC is emerging but that could change.