If you love your job, make good money from your job, have very little time, and have cash want to park into a secure real estate asset, turnkey is the way to go.If you are opposite of that and want to dive into real estate investing operations, then fixed upper and BRRR.

The Book on Estimating Rehab Costs | Fix-and-Flip Investing Book – BiggerPockets Bookstore

Fix it up as quick as possible and then either refi or sell. 

I would advise to buy all of them because it will make it alot easier for you to put capex money into exteriors, landscaping, fixing parking lot , fencing , lighting , etc because sometimes the hoa might not be collaborative in my experience.

I'm not keen on fix and flip.

For instance, if the neighboring unit has a shut-in chain-smoker, or the house has railroad tracks behind it, it is definitely better to let a lead know and lose them than to not disclose, upset them and lose them (after they leave a nasty review).I'd agree with Jonathan that even late complaints need to be taken seriously, and barring some obvious malfeasance, I would just take the word of the resident and fix the issue.

I also value cash flow with intent to fund a fix and flip as my first primary residence in the next 5 years.I have been analyzing local deals using the BP calculators, all of which leading to me thinking there is not a current future for me in my local market haha! 

Hopefully, you've approved a bid they submitted, so the cost is fixed - unless they can document the need for acceptable change orders.If they are charging hourly, then, yes, they may be able to charge you more the longer it takes.Keep in mind, your PMC is unlikely to have an exterminator and other licensed contractors on staff.

This way you can fix up your primary residence to build equity and also add a cash flowing rental.

(All from the DFW area)Attached is an expense chart for a house purchased at $250k with a $360k ARV, refinanced with a 6.65%, 20yr fixed rate.