The turn-key model works well for me as I am a full time CPA working at a large tech company in the SF Bay Area.

That was not the model I was looking to create with REI.

Yes the leaseback will cover the loan and fees for the duration…if we don’t break even, we may have a tiny cash flow.the builder is using it as a model until they sell the remaining units they will build over the next couple years.

I spoke with Rent to Retirment 3 years ago about their business model.

The expectation/ business model behind purchasing properties from Ohio Cashflow is buy and hold for the long term. 

Also pretty sure that the condo association would no permit it (and it's working great).Honeywell does have some updated models that will work, but I don't see any that are smart/Wi-Fi.

Also have an understanding of housing demand versus supply for houses and apartment rents (I wish I considered those factors when buying my first home).Also, make sure you understand debt financing and you spending time modeling out your costs. 

There are a number of business models what can work in Albany.

I had recently sold a model match in the same community that I had also remodeled so I had a sold comp at $237k.

It took a bit longer to sell than normal because inventory rose temporarily and we messed up our own comps because I bought a second model match unit in the same community a few weeks after the first purchase for $188,000.