The Fed is rapidly re-inflating the housing bubble especially in higher demand coastal regions...

I've found a large focus here on BP is generating cash-flow or flipping for the rapid return, not on investing for appreciation.

This evolution continued upwards through portfolio and servicing investors (above wholesale) into securitization, and that lead to programs with higher LTVs, lower qualification (remember 28/36 ratios?)

After reading what all of you said, I've narrowed my market into two areas- One will either be long distance in Grand Rapids, MI (because that's a 2 hour drive from my home-town, and with the research I've done on the area it's very affordable and booming at the moment)... or my second one would be within a 45 minute drive or where I currently live (Oceanside, California (close to San Diego)).  

The company has rapidly grown using this model, and they still do this kind of service, but there are few others who do.You can always go visit a turnkey company and their market on your own, and I do recommend it for a whole lot of reasons, especially when you are making the first investment with that company and in that market.  

But in many Turn Key markets and I think what the OP was trying to get at is once you buy a turn key how do you sell it.. and of course you would put it on MLS... however in many markets were turn key is popular MLS price's are far lower than turn key prices and  as Curt suggests it could take years before the market catches up and one could sell and be made whole...but same is true most place that do not have rapid appreciation .. selling costs will be a loss if you need to exit within a few years of buying

Does anyone know any Investor-Friendly TITLE companies in Waterloo and Cedar Rapids that work with out-of-state investor/buyers & sellers? 

But I would advise all against feeling they need to hurry to not miss getting into a rapidly rising market.  

The neighborhood a pretty hot rental area and is seeing some fairly rapid stabilization/gentrification.

I am a real estate investment rookie learning the ropes by a mentor friend who is pretty successful at this in Grand Rapids, MI.