Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?

@Alex Mull as some with experience in both turnkey and all-in active investing, I can tell you the biggest advantage is saving, time, hassle, and some full-service turnkey companies mitigate your risk by doing the upfront renovations and placing qualified residents while the company still owns the house.

It’s taken me 5 years to get here and it was worth every second of effort, pain, fear, and risk.

Your risk tolerance and net worth depend on how many future properties you would add.

What are the key risks or potential pitfalls in this strategy?

. - Diversification of risk and reward. - Accelerated growth through combined efforts. 2.

My strategy incorporates asset protection measures like LLCs, specific trusts as well as professional property management to spread risk and ensure quality operations.As well as using tax codes to my benfiitSection 179, IRC Section 162, Cost Segregation and Bonus Depreciation and later 1031 them out for larger projects. 

Arguably, Kay overemphasizes the risk of taking on debt.

For your first deal I would suggest a cosmetic rehab to mitigate your risk.

Tons of information on here about that, again also passive pockets and one of my favorites who puts out good info is Alexey on linkedin (google him you will find him)3.