You will probably be at a disadvantage if you are not familiar with the neighborhoods.

It's almost always cheaper to buy a lot with a completely distressed structure than to buy an empty, improved building lot.The disadvantage to this biz strategy is that we usually lose out on "semi-distressed" property sales.  

However, in many cases I think size can be a big disadvantage.

You mentioned advantages and disadvantages in your own experience.

If you profit too much or your C buyer gets a ridiculously low price, it could be argued the seller's disadvantage caused injury.In reality, you will probably never have an issue, but just one incident could cost you great loss.

The operator is key but a bad neighborhood starts them at a disadvantage.

The last time I checked, trusts had disadvantageous tax rates.

We would also be able to market to people that are on temporary duty or to extended families that are visiting.The advantage of staying in a duplex on our land include:1) Full Kitchen2) Ample parking for moving vans, trailers, boats, etc3) Washer/dryer in unit4) Pet Friendly 5) More space and privacy than a hotelPotential Disadvantages:1) Cost to build: I expect that the cost to build the duplex will be around $85/sq ft.

Just wanted to hear about your perspectives with regards to disadvantages of investing in Turnkeys?

Taking into account things like vacancy factors, higher rental income version multiple incomes, owner/occupy advantages & disadvantages, income and vacancy stability of the renters, maintenance and land lording issues, etc... and even 2 unit versus 3 unit versus 4 unit properties?