Some cons: no equity when you purchase, some times you will pay more than the property is worth, long waiting list, low inventory, and  lower cash flow.I tend to lean towards advising investors not to go the turnkey route but if you have access to a lot of capital and have very little time then turnkey is going to be your best option.

There is a member here that advises newbies to treat section 8 recipients like animals.

Please advise.

Stock market liquidity and diversity are complemented by real estate's potential for appreciation, tax advantages, and passive income.Before making any decisions, it's advisable to consult with local real estate professionals, including real estate agents, lenders, and property managers, who have a deep understanding of the NYC market.

My property manager advised due to decreased university enrollment these homes are slow to rent over the last few years.  

Future advise: never rent to friends, family, or co-workers.

Please advise.

Generally speaking I advise people to take on less debt as they get closer to their retirement age -- it reduces risk, and provides more cashflow -- often exactly what retirees or near-retirees are looking for. 

I also think it's not right that you're advising people to start flipping in the OWE without knowing what they're getting into.

It dosn't make him a great chef, not a pilot, I wouldn't take medical advise from him and certainly not investing advice.