When I was living in the house for over 10 years, I had multiple contractors to bid on Windows, kitchen counter tops, bathroom remodels....and the quotes were all so outrageously high from every company, we ended up doing a lot of work ourselves. 

Completely remodeled the basement and added a full living space with 2/1.

Here are some considerations and tips to help you make the most of your turnkey investment strategy:Pros of Turnkey Properties:Ready for Rental: After refurbishment, turnkey homes are usually ready for occupancy right away, saving you the time and hassle of doing repairs and improvements.Professional Management: A lot of turnkey companies provide property management services, taking care of tenant selection, rent collecting, upkeep, and other daily tasks on your behalf.Passive Income: Investing in a turnkey property allows you to immediately begin earning rental income without having to take on major maintenance or remodeling tasks.Tips for Investing in Turnkey Properties:Take some time investigating turnkey suppliers in-depth and select reliable businesses who have a proven track record of effective property management and satisfied clients.Make sure you have done your research about the property, its surroundings, the nature of the rental market, and its potential for long-term income flow.Analyze the financials of the turnkey property.Even though turnkey homes can generate rental revenue right now, think about your long-term investing objectives and plan.

I work with remodeling companies and their clients to draw floor plans, elevations, site plans, renderings, etc.

Remodeled upon purchase 2009.  

When I look at the history, it was bought $310k in Jan of 2022 and remodeled.

Most of my homes are remodeled or tenant proofed.

Remodeled the property.

In my opinion, flipping is hands on and there is little a book will teach you on flipping a house(especially if you never acquired a property before).The only way to learn is to go through the experience.Start off with a simple project - a property with minimal work that needs to be done(replacing a roof, HVAC, Painting, Flooring).Don't buy anything with water damage, fire damage, foundation, bathroom remodel or a kitchen remodel.Move on to more complicated projects after you have a couple of successful flips.

This is for a full remodel, but for turn arounds I will be minimizing the amount of painting to touch ups and wall cleaning.