You've traded extra potential return from forced equity for the luxury of having your time and energy back and having someone else shoulder the rehab risks.For some investors who don't work full time or just think DIY stuff is enjoyable, it seems crazy to trade away forced equity return for convenience, which is where a lot of turnkey naysaying comes in.

I live close to the Delaware beaches and I wanted to get your insight for targeting absentee high equity owners with the goal of doing Luxury AIR BB on them.

Luxury, for sure!

I am diversified in ultra low fee index funds. 

Rather than carpet, I went with 4mm luxury vinyl planks for 2 of my units.

However if this is purely investment (is no plans to move in after some time), you need to objectively do the math on your expected return given what you think price appreciation will be over the life of your ownership ( @Leo Kotschenreuther makes an excellent point) , weighting the risk of a downturn and your ability to continue to fund this investment, and compare that to using your 500k +2k/month to fund any other investment (Amazon stock, bonds, passive investment in a syndicated deal elsewhere.... ) We are holding our San Jose MF, but I've stopped looking for my next deal in silicon valley... property here is all priced for perfection (ultra low cap rates, neg cash flow, smells like 06-07!)

This is a spin-off of a question I posted earlier.What spec LVP are landlords using our there? I used 4mm on a rental and had it trashed in 1 year/1 tenant. In another unit it’s working out great, but I’m looking fo...

If you were a ultra conservative individual you would not be asking, you would be paying them off to hoard your cash.

Let's just say you were ultra frugal, no signs, no flyers, just a website and you are a superstar at SEO and building websites.

Investment Info:

Single-family residence fix & flip investment in Boston.

Purchase price: $4,500,000

Cash invested: $1,150,000

Sale price: $5,500,000

This was a 4 month flip with excellent re...