Even with a turnkey, I'd recommend doing your due diligence, getting a full inspection and sewer line scope and if possible physically walking the property yourself if OOS. 

Basic LAW of 'physics...'

Physical assets MUST be investments-- need to think at minimum trading equity so 8 years, but more so in the 10-15 year timeframe.With that said my poc for the Smokies still seems very optimistic and thinks I am a vulture as recently as end of February.

Especially since we've all heard of horror stories involving tearing everything apart to have it inspected, and re done.The other thing I have heard is "it will only be valued as a 2 bedroom 1 bathroom" even though the appraiser will physically see a 3rd bedroom and an additional 3/4 bathroom.

I know the Spanish market isn’t as strong as the states or Boston, but since I see myself being Spain longterm I have trouble starting in Boston earlier if I’m not going to be there physically from the get go.

Physically see it, drive it, be there for inspections, etc. 

PHYSICAL CHECK = If you have permission you should physically check the property prior to the sale or have a professional inspector.

So, the issue may very well be with the appraisal and the appraiser may just refuse to make it right.

The difference is that the physical assets which make it harder for quality control.In average, it took me about a year to build a strong team, with a lot of hands-on involvement, but I spent a lot of time looking at the work.Currently, I am building a team for my portfolio in Dallas that I have with some investors, but I am here so I can look at the work closely.What I have seen is that is better to have one or two employees in a payroll and then all others as contractors.

But have recently thought about the longer term picture and my passions don’t align with my career even though the job is comfortable and technically what many would call a great spot to be as a Physical Therapist.