Renting rooms can be lucrative but it is a major cat herding proposition and you are renting to people with many times no better options,  so expect constant drama and only consider this if property is close to a college/university or some other major institution that attracts a lot of transient attendees/employees, like maybe a hospital. 

This Team was very concerned about possible State Wide Campaign as " Son " of Proposition 10.

it has little to do with the value proposition of turnkey vs non. 

The truth is that buying from investors (call it turnkey or whatever) rather than from homeowners is almost always a losing proposition for the inexperienced out of area investor for the same reason that newbie commodity traders always get squished. 

Investing in property out-of-state is a high-risk proposition and a major commitment.

If your site is nothing but a container for another site, it's not going to have much more value than the domain you have stuck in the iframe.Building a website's value is a long-term proposition and isn't as simple as just framing another site.

I work with Investors who when strapped for cash do use a hard money lender, but unless you pay it off quickly, it can be a very costly proposition.

I actually read that the spread on retail gasoline is a losing proposition for gas stations (money loser)…maybe not in cali though.  

@Chris Clothier Thank you for taking the time to comment and articulate Memphis Invest's value proposition.  

All cash, quick close" was not the unique selling proposition they needed.