Prices are high but if you find an income producing product you'll be fine.

So I chose to get my real estate license and focus on becoming a top producer.

I think of turnkey as having all the work done, the tenant vetted & in, property management in place and the property producing a profit in a decent neighborhood.

I could be wrong but at least this make sense to me and seems to be producing good results for my bottom line.

IF the tenants are sorted and it stays occupied, it should produce $800+ per month in cash flow.

The seller produces a document showing there is no leak (i think by a professional).

Top producers have occupancy rates at 75%-80%.  

I give them a very good idea of what I want and then they produce a few design options.

Now you can work your numbers backwards and show that this property has the potential to produce $10,800 in income with a $2,000 in repairs.

For purposes of this section, the following terms have the meanings given:(1) "court official" means a judge, referee, court administrator, prosecutor, probation officer, or victim's advocate, whether employed by or under contract with the court, who is authorized to act on behalf of the court;(2) "qualified third party" means a person, acting in an official capacity, who has had in-person contact with the tenant and is:(i) a licensed health care professional operating within the scope of the license;(ii) a domestic abuse advocate, as that term is defined in section 595.02, subdivision 1, paragraph (l); or(iii) a sexual assault counselor, as that term is defined in section 595.02, subdivision 1, paragraph (k);(3) "qualifying document" means:(i) a valid order for protection issued under chapter 518B;(ii) a no contact order currently in effect, issued under section 629.75 or chapter 609;(iii) a writing produced and signed by a court official, acting in an official capacity, documenting that the tenant or authorized occupant is a victim of domestic abuse, as that term is defined under section 518B.01, subdivision 2, criminal sexual conduct, under sections 609.342 to 609.3451, or stalking, as that term is defined under section 609.749, subdivision 1, and naming the perpetrator, if known;(iv) a writing produced and signed by a city, county, state, or tribal law enforcement official, acting in an official capacity, documenting that the tenant or authorized occupant is a victim of domestic abuse, as that term is defined under section 518B.01, subdivision 2, criminal sexual conduct, under sections 609.342 to 609.3451, or stalking, as that term is defined under section 609.749, subdivision 1, and naming the perpetrator, if known; or(v) a statement by a qualified third party, in the following form:STATEMENT BY QUALIFIED THIRD PARTYI, ....................