Currently my STR is doing great during the busy summer season in SC and covers my offseason which is fantastic, but I'd like to maximize my income with this property.

Although it's not always a guarantee, many of these properties already having residents at closing, so you can start earning cash flow right away.All in all, turnkey investments offer a fantastic mix of convenience and solid cashflow.

It was a cluster of a problem getting one due to circumstances beyond my control but I finally found a good one.

If done this way, the investor could use this as a powerful tax strategy to spread the taxable event over years, lowering the effective tax rate faced from the taxable events.I have heard professionals compare it to an installment agreement, but with more control.

@Deshen TangDo you want to be in control and more active, or completely passive? 

It’s an ideal approach if you’re focused on minimizing risk and maximizing control over your investment.

This strategy requires careful planning, from evaluating potential properties to ensuring that your rehab costs don’t spiral out of control.

It’s a fantastic resource. 

However, higher-than-expected costs, contractor expenses, pest control, inflation, or unexpected work can make it untenable to maintain the rental property.What can you do if maintenance is becoming a financial burden?

Is the demand is so high that they get to charge fantastic prices?