Alas, no crab cakes to speak of here in central California...

I also try to support local businesses as much as possible.I watched the whole Anaheim STR ban go down over several months and actually watched several 3-4 hour council meetings in their entirety.

Seller financing should be the icing on the cake of an already good deal.

That would just be icing on the cake.

@Will Kirkendoll I had a former partner that used to say, “The time to take the cake is when it is passed.”

Getting the loan is no cake walk too. 

Hi @Nick Ovington:1- Definitely work with an independent mortgage agent.2- Can't have your cake and eat it too.... if 100% of the purchase price is financed, yes, you'll have a hard time cash flowing positive.3- As a tenant/buyer, or an investor?

The fix-up TV shows and flipping gurus have a special habit of making wall removal sound like a piece of cake, it isn't.

(not disagreeing with the idea of owning rentals, since that is what I do)Besides the real estate, I bake and sell gluten free cakes and cookies.

Turnkey is about reliable, passive cash flow, not appreciation (we call that the 'icing on the cake'), and you do give away a piece of your return for the luxury of having someone else do all the work, but you shouldn't be buying a house with negative equity (paying a lot more than it's worth).There are a billion other things you should keep in mind when looking at turnkey, but I've rambled enough.