I have 2 turn key properties and overall its been a good investment i believe. i've owned them for just over 2 years now, one has a great tenant and has needed nothing the whole time i've owned it. Now the other one has a bad tenant who i'm evicting because they caused the sump pump to back up. when that happened i had the Heater and ac both go out due to unrelated circumstances. so i just had to put 8k into that one. but even given those expenses i'm still up maybe 20% of my initial investment on that particular property. im up 30 percent on the other property that has needed nothing. I know that if i had BRRRR those properties i would be in much better shape. but i am only just now learning about this strategy. I would say that overall if you prepare for the unknown with turnkeys they should turn you a profit. but again i can only speak on my personal experience with them. maybe other people with more experience have a different perspective on these kind of investments.
