You probably know this already, but you don't want to put yourself in a situation where you are struggling to keep the lights on in the event that you put all of your equity into this home and can't take any out. 

Well it will need to be life changing events like having kids, new job, divorce, taking care family members etc but the rule of thumb is to live there for at least one year then being able to rent it out and converting it into an investment property.

In my opinion, it has already started, we are going to see single family residential zoning going away.

i provide dishwasher if we are putting a new kitchen. also a garbage disposal.sometimes i provide washers/dryers if i have extra laying around (i always seem to have them).sometimes i have purchased fridges and ovens since it's best to invest in capital expense and get a tenant than to have a house sit empty forever.our lease also states that tenants should purchase the appliance plan, which noone really does purchase. 

@Jonathan Klemm we are in the process of making A LOT of renovations.

Although we’re not a local bank or credit union, we are independent mortgage brokers with experience in financing options that consider rental income rather than personal income. 

I highly recommend attending real estate networking events to meet more people is this space and pick their brain and learn more from their projects and see what is working and what is not.

We are in touch already, but for anyone else reading this, I thought I'd throw in some thoughts about your question on starting with turnkeys and thoughts on that. 

But it is time to scale back to give us more time to focus on our family and some other projects.So now we are in the process of selling 9 properties in Colorado and 7 properties in Ohio.

We will be adding a day light basement to their Studio House plan to capture views of the lake we are building on.