Challenges?

More than likely there is another investor that encountered the same challenge that they were able to overcome.

If you are getting a true turnkey home that hit's the 1% rule there's a very high probability you are in a more challenged area where the residents aren't as consistent over time. 

Challenges?

@Keonhee ChoThe Austin area presents challenges in finding properties that cash flow, especially with BRRRR, due to high property prices and rising rehab costs.

Understanding tenant rights, maintenance responsibilities, and potential challenges will prepare you for the realities of being a landlord.

If you are still very prone to analysis paralysis, turnkey might be the better first choice as a BRRRR is likely to present you with more challenges and decisions to make.I don't know you well enough to know which will be best suited for you.If you have a good team you can rely on for the BRRRR, that will always get my vote. 

Keep in mind that if issues arise and you decide to sue someone, it may be more challenging to take legal action against the wholesaler and hold them accountable for their actions.

Refinancing could be a challenge if your score hasn’t improved by then.

A PM would have the simple defense of "no one wanted to book".Unfortunately, I am probably minimizing the challenges faced by the STR PM as I am not in that space.