Finding turnkey deals that cashflow well is EXTREMELY difficult especially if you are looking for ones that you like personally.

How frequently will the tenants turnover, and how difficult will it be to find new tenants after each turnover?

Aloha Suzanne,  it think that its going to be difficult to find and on/off shore appointment setters who are willing to work on a commission basis. 

Increased rates makes it more difficult for first time buyers because 1) the financed payment goes up 2) it decreases movement which results in boomers, etc not downsizing which lowers volume on the market and helps keep the prices from falling.Other drivers for these large rent increases are the recent property appreciation (last 10 years have had huge RE appreciation) and rents lag the property value increases, the Covid eviction moratorium has identified new risk that must be reflected in the income, the continuing trend to move to high growth areas which results in a large housing shortage in these areas, the lag of new housing starts that has existed since the Great Recession.  

I didn't have this much trouble opening the crypto accounts under the LLC so I'm not sure why it's so difficult.

We have a tenant that has been very difficult to deal with.

We are having a difficult time finding a property manager in the area so we are trying to work on a contingency plan should we have to manage it from afar. 

Otherwise, there is just too much to choose from and it will be difficult to ever take action. 

I'm originally from San Francisco and found it difficult to find anything that made sense to me in CA.

It is difficult to ask tenants for 3-4X months' rent as a deposit.