There is nothing wrong with growing up with abundance, however if it is not balanced with sympathy and a strong work ethic, it often leads to failure from laziness.I want to highlight that this “grit” and work-ethic is necessary in being successful in anything.

Then put it in their lease; highlighted and then remind them to turn is on, especially during the summers.Again, you’ll probably still have some future repairs to address, but you'll deal w that if & when you  sell.Good Investing,Jenn RyanTeacher at heart.

Liquidity is also an issue (as highlighted by the seller's willingness to do a VTB.The asset seems like it was or could be a 4-6 unit building (most likely highest and best use).

Be sure that you highlight that "selling your house can be easier than you think" with the advantages of working directly with you instead of the more traditional route.

Hi @Alex Bekeza,I took a quick look at the lending tree article and it does highlight that they take into considerations homes that are purchased as secondary homes and are left vacant for the summers.

As others have pointed out, many things to consider that the marketing isn't going to highlight, in a 2 minute gloss over my questions would be:1.

That is why it is speculative.Of course, there is risk in any investment, RE or otherwise, which is what your comment about Vegas / Detroit highlights. 

I am biased towards ebooks as I like to highlight and make notes.

I have heard a few podcasts that have briefly highlighted this option but gave no real detail.  

@Marisa R.Today I listened to BP Podcast 278 with Charles Roberts and while it did not mention Turnkey it definitely highlighted that not everyone is focused on immediate equity leverage but rather the boring path of is enough for some folks.