Survey for out-of-state turnkey investors

[Jon S.]

Hey all. I would like to ask those of you who have invested in out-of-state turnkeys several questions.  

1. How many out of state turnkeys have you purchased?

2. Do you still own these properties or were any sold?

3. How involved are you with the management of the property?

4. What kind of cap rate, COC, ROI are you getting?

5. Was the estimated rent, cap rate, ROI that was advertised close to what you are actually getting?

6. Overall, are you happy with the investment?

7. Which turnkey companies would you recommend or warn against?

8. If tenants were already in place, how long did they last and what caliber tenant were they?

9. Were you satisfied with the PM that came with the deal?  

10.  Do you have any advice for others looking to venture into out of state turnkeys?

*** NOTE ***

If you are employed by, owner of, or affiliated with a turnkey company PLEASE DO NOT REPLY.