Due to the low price and timing, my full strategy is the following:Buy the property (all cash deal)After getting employment, Cash out refi this property to purchase 3-4 more properties.Cash Flow on the three to four new properties will be $350 per unit (total of $1,400-$1,750)Would like to get some feedback.

My goal is to have five long term rental properties in the area before I retire there in 2019 and then start employing the BRRRR strategy when I am closer to the properties.So to finally answer your question, kind-of turnkey, as in the property that I am looking for is rent ready, but I don't work with a turnkey company as I prefer to use my own property manager to screen tenants.

My struggle I have had is that I am self-employed (realtor) and unfortunately I wrote off to much on my last 2 year of taxes and so my DTI doesn't look so good now.

I'm currently 38 years old and in employed in the IT / Data Center/ Telecommunications industry.

Actual numbers from this year, tax returns from prior years, strategies you're currently employing, etc.  

With siding and Roof and paving driveway and landscaping.. you're probably looking at 80-90k Rehab.

I've recently started looking out of state and employ the same search method and it's already netted me 2 deals this month : )For the local deals, I would go to the house myself and since I've done about $250k worth of rehab work on my own properties, I generally know what it will cost with my team.  

@kevin Nguyen I was able to pick up some flooded properties that were previously owned by people who were relocated due to their employer leaving the city after their offices were damaged, or elderly people who didn't have the interest or means to rebuild.

@Jonny MorrisIt's a good strategy for sure, one that I employ, but she also has a good point.  

Mark, this might be a good way to  start your self-employment.