I'm avoiding turn-key because I'd like to recycle the money asap.I'm considering working with a partner, so finding like-minded investors in the area is a high priority.  

Then to refinance/ put a mortgage on it and be able to recycle the money I put in. ( BRRRR) Oh and I’m only starting out with 50k cash  😂 and maybe 40k heloc.

However, even despite where the current RE cycle is, there are good places that still cash flow.

Last year I had one that took 23 40-yard dumpsters to clear out and that didn't count several truckloads of recyclables. 

It's more of a way for any investor to keep recycling his money instead of having to pop down 25% down payments over and over again.

I feel this strategy will work best for me since I can continue to recycle my initial working capital over and over again which will allow me to scale faster.I love the whole idea of rehabbing to force appreciation so that is another reason why I feel that strategy is best for me.I also plan to do some flips to generate more working capital that can be used to buy more cash flowing rentals.The end goal is to build a large REI portfolio which I'm now prepared to work full-time at to ensure that I succeed.

Lower end is basically recycled product that did not work out for the investor the last time around.

I was able to recycle the leases upon renewal and didn't pay any commissions for the rental, which is a savings of over $4,000 if you consider the rental commission to be 1 month rent.

I wouldn't want to hold a portfolio starting out, I just want to build cash, and recycle.

With that I plan to finance construction of 11 more units, and leveraging these to build a recycling center.