But, I see no reason not to take the book with you too, and use it as a guide so you don't forget anything...BP will be releasing the Second Edition of the book in a few months, and I've included a section on "Inspection Tips" for each of the 25 components. 

I don’t think that this would be feasible due to the value add or forced appreciation component of the BRRRR strategy through rehab being missing in the standard turnkey model. 

Buying your own commercial property that has a value-add component is also another good strategy.

Conventional lenders won't / can't lend if there is a seller carried component to a transaction...you'd have to look to private money...or avoid the bank altogether...

Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.You don't need the additional expense and administration of an LLC to have checkbook control.You can borrow up to $50k from the plan; IRAs do not allow for participant loansThere is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.The penalties for prohibited transactions are less severe, though it's best not to utilize this benefit :)

I agree with others that would be nice to have one that is fixed up and move-in ready but with a fixer component somewhere.

The bathroom was purchased with other components, floor, plumbing, second bathroom reno.  

In terms of whether it's wise to buy a new construction, a lot of investors are looking to buy SFH or MFH that has a Value Add component.

Then corporate tax would be only the federal component of 21% max. 

I mean I am turnkey I was the number 24 new home builder out of the top 30 in the Portland market.. and all of are product are TURNkey I suspect  they are brand new homes.. just like the buys I fund here in the PDX metro area they are flippers.. they just NEVER sell to investors its all home owners.. and homeowners want fresh new modern rehab.. so investors same thing they want fresh new rehabbed rentals.. and if you can bring the management component that helps them.. but I bet Memphis has their share of flippers that sell to home owners.. they are turn key in a sense..