First Rental Property (Turnkey)

[Joseph Wahl]

Hello everyone, I'm looking to make my entrance into the real estate market this winter. I currently have a little over $70,000 set aside to purchase a rental property in cash. I am graduating college next year, so I want to have at least a few rental properties in my portfolio. While I have done my research over the past 6 months or so, I do not feel confident in going out, identifying a market, and purchasing and fixing up a property to rent out myself, even though I plan to use a property manager when it comes to dealing with tenants. I have been looking into turnkey companies so that I can learn the process for my first property. I understand these companies charge a premium for their services. However, for every company I find that looks decent, I end up uncovering some scalding reviews that make me uneasy to make a purchase with that company. I was hoping that any of you with experience with turnkey companies could recommend a reputable company that I can use. I am located in southeastern PA, but I don't care where the property or company is. I would like to stay within an 80k budget, and my goal is cash flow, not appreciation. Thank you all in advance!