looking for a list of or recommendations for turn key investment companies

[Vishal Seth]

thanks in advance!

[Joel Owens]

All can say is I am in the commercial space so I do not buy the turn key residential stuff.

There are buzzwords you need to seriously watch out for.

The big one is " NEWLY RENOVATED ". Some TK promoters make it sound like you are getting a brand new house or something. In fact what many of them do is slap cheap carpet and paint and change a couple of fixtures and call it new. It's a bunch of BS. What is new is if all the mechanicals, plumbing, electrical, roof has been replaced. The problem is doing some of those repairs would suck out all the TK companies profit or make the property a loser for them. So many look for inexperienced new buyers that might overlook a few things which means a high sales price for them.

It's not only the TK industry as I see it in commercial as well. Sellers are hoping for the newbies who overpay. The experienced investors offer lower of course but the sellers know generally it will close. Just do not take the TK providers word for anything no matter who they are. Fly out and scout the area yourself. Look to see if they have before and after pictures of their rehab. Look to see if proper permits were pulled. Look at all the places they do not want you to inspect to find the expensive repair items that could turn the deal into a dud.

Great cash flow in years one and two can be wiped out at once with a few big ticket repair items.

Some TK companies are good but it's buyer beware out there. 

You can try and take the trip as a tax deduction when traveling just get with your tax professional to set up properly.