During this time, my wife and I have traveled extensively using Airbnb and similar sites, and thus have that experience, as well.The problem we have consistently observed is an absolute cavalier attitude from the owners - ¨It´s my house, of course I can do whatever I want - and of course you should pay me for it¨ - and this attitude has been at the root of most arguments against Airbnb regulation.

Here are my few observations: 1.

Few observations: 1.

My observation is that a true Turnkey, such as Memphis Invest for example, has completely rehabbed absolutely everything in the home.

I plan on getting started in the industry as a passive investor while an experienced GC/ Builder handles the day-to-day while I observe. 

I plan on getting started in the industry as a passive investor while an experienced GC/ Builder handles the day-to-day while I observe.

I plan on making a move to Southern California in a few years, however, I am looking to invest with developers building high-end spec homes beforehand.I have been fascinated seeing beautiful speculative-built homes across the LA and OC areas and I plan on getting involved by the end of 2024.My plan is to invest passively in such developments while observing until I can develop such properties myself.Any advice, input, recommendations, or referrals would be much appreciated.I look forward to your responses.

Looked over the limited photos provided and observed some of the paid for projects were incomplete.Inquired with the company contact and we were redirected to the contractor, who oversaw the rehab with our questions and concerns; such as the need to install missing siding panels noticed in completion photos, what repairs were done to the rusted water heater with the scalding hazard because of a missing valve, or what repairs were made to the roof and chimney with the missing chimney cap since the roof will not be replaced.It's been over two weeks and the contractors have not responded to our questions or concerns (all via email) nor have they answered the companies email to respond to us.The company now suggests we hire a third party local inspector to see if the work was done.  

I am just observing that markets make new highs at least on the west coast every decade or so and have for the years I have been alive.. 

Just a quick observation here, but @Brandon Hall is a frequent contributor on BP and is a knowledgeable person from what I have observed.