120k Turnkey advice

[Kareem Johnson]

Hey guys , newbie here. I often see experienced investors say "depending on your strategy..." All i want is to make 150 per month after ALL expenses including vacancies, repairs, etc. I want turnkey. (25% plus closing I figure 35k) I want to buy and hold long term. Will this be a good strategy or would you strongly advise not to? How much would mortgage be PITI within a range of 1 percent. credit is 700. My areas I am targeting is Huntsville, Jacksonville, Birmingham, Raleigh Durham, Indy/Dayton. Any advice would be appreciated. I think what I am describing is passsive investing out of state. Please be as transparent as possible. Should i go SFH or multi?