Turnkey is a vehicle that should be used to invest existing funds.

It just kept my head down and continued working in corporate America coming into work tired everyday fearful of losing my job in order to take care of her.

why would you buy a rental in a SIDRA  you lose the depreciation benefits.. which is one main reason to buy a rental in the first place.. notes are the best vehicle for retirement accounts. 

Kiyosaki, I'm currently in the "E" & "S" quadrants (Personal Trainer) but I know real estate is the vehicle I want for long-term passive income.

People use LLC for rentals as an asset protection vehicle.

I usually just wait until people move out and then advertise and show them it, but I'm tired of them sitting empty for a month (or more) or having crappy renters that are looking for something short notice (because they probably got kicked out elsewhere).

sounds like a pain in the *** for an investment vehicle. also raises the question to me of " Where the heck is this property located that its eligible?"

Take out the equity when the seasoning period has ended with whatever financing vehicle you choose(refi, heloc, etc.).

I am tired of the 9 to 5.

he said he has 25,000 Into buying the home in 2008 and has made his money back multiple times over since 2008 as a rental but is tired of renters and fixing issues every 6 months or 3 months or year you know the story....so his offer to me was here you take the house I will even throw in 20,000.00 as repairs and updates are needed you ( being me ) do the work and when you are done we have it kisted...he then said he only wants his investment 45,000.00 back at the sale and anything over 45,000.00 is MINE?