Just make sure your contract is written well enough so you are protected.To me it is worth a shot if the numbers make sense.I will look into that, and appreciate the tip!

Would highly appreciate any help/tips!!!

Share any tips you have for a newbie! 

- Investing with a Friend: Tips on structuring partnership and legal/financial considerations?

Here are a few tips to help you navigate this:Tenant Considerations: When dealing with tenant-occupied properties, it’s crucial to understand the existing lease agreements.

Tip: If a restoration company doesn't request the protocol from you that's given to you by an Industrial hygienist or air quality professional, don't hire them.

Do you guys have any tips for negotiating with the seller? 

And thank you for the tip!

G'Day Bob,Not many "true" turnkey companies around anymore and I've seen a trend where investors want to DIY out of state and country.Personally, I think this is an even bigger recipe for disaster than buying turnkey.bBut that's just my opinion.Back in the day you had many "turnkey" companies selling crappy properties in crappy areas for a lot more than market value.Then they pass you on to a 3rd party PM that nickel and dimes you to death.Granted, if you want to DIY I would always advise moving to the market that you want to invest in.Spending enough time with key people needed to make your venture a success.Yep, easier said than done 🤷‍♂️If you DIY from out of state, you will probably find an "investor friendly" agent that will flog you expensive property from the MLS, refer a "good" contractor and then you will most likely also get nickel and dimed by a referred "trustworthy" PM.IMO, you are safer finding a reputable turnkey provider in a market that you want to invest in and go from there.If $#%@ hit's the fan (Which it always does in real estate), at least you have everyone to blame under the same roof.A true turnkey provider will have everything an out of state investor would/want and need under the same roof.No finger pointing is allowed lolI'm bias as we offer turnkey so take my words with a grain of salt.Just happy to offer my 0.2 Aussie cents.Wishing you much success

Today I am going to give a few tips about assessing the location of a potential property that you are looking to buy and a few things I like to look at!