I have made a number of such investments with a CF, and have written about it in my BP blog series:Have I Found the Holy Grail of Passive Real Estate Investing?

Holy hell!

Holy cow dude, killed it! 

Sounds like you've built a solid network in the Holy City.  

Bring your gun, hazmat suit, and holy water.

Cash flow is the holy grail.  

What I have been doing for the past year and a half is attempting to lower my liability at multiple levels, and get the right insurance that won't break me, which has been akin to searching for holy grail.  

I know BP preaches that 3-bedrooms are the holy grail, but I find that 2-bedrooms mean fewer tenants in the property, so less wear and tear.

Repeat clients and growth through word of mouth fro satisfied clients are the holy grail for any service business and that is exactly what a good turnkey company is.So, the company provides an opportunity to leverage passively into outside markets and the investor gives the company a chance to earn repeat and positive referral business.3.  

Your comments on here have become like the Holy Grail for me and I wish I knew this back in the late 90s when the market was very similar to what we have today.A lot of 'investors' do not treat this as a business - with all the necessary disciplines required - and with the first windfall of cash, they (myself included) start to believe that they have the real estate 'thing' covered.