Turn Key Short Term Rentals?

[Nick Moats]

All, 

I am looking to do my first real estate investment deal in the next 6 months max. I’ve decided on short term rentals, possibly Airbnb arbitrage, as my first approach. I have seen info about turnkey properties that are basically done for you, of course given you are paying more and losing out on cash flow. Specifically, I saw one of many real estate influencers online speak about turn key Airbnb properties they offer. 

Can anyone please offer some more info about turnkey properties specifically for short term rental/airbnb use, pros and cons, etc. I am trying to consider if this is an approach I’d want to take. Turn key appeals to me because this would be my first deal and if I understand correctly, you are paying more in order to avoid any rehabs, potentially already have property management taken care of, and other things that a beginner might struggle to do on their own or have a hard time finding the right people to hire for these jobs. 

Any and all insights and info are welcome, thank you!