Here are a few comments to your questions: PROSYou will often find better markets to invest in.You will often find better cash-flow, cap rates, and overall returns.Can save you a lot of time determining the right market for you.Typically hassle-free investing versus finding and rehabbing your own properties, assembling a teams, and coordinating from a distance.The right company can provide you with everything you need including education, properties, lenders, management, inspectors, etc.CONSChoose the right company that understands what you're looking for and has experience in delivering on it otherwise you will still be doing a lot of the work yourself, and you may get less than your bargained for.Turnkey properties are typically prices at or slightly less than fair market value in the seller's markets today, so you are not going to get the discount you once could a few years ago, or by taking on the entire find-buy-fix-manage process.SERVICESServices vary greatly between turnkey companies.On one end of the spectrum you have basic providers of property and nothing more.

@Wayne Brooks Regionally, there are difference, around here most condos are townhouse style, side by side versus garden apartment style with units above and below each other.

Hi All,

Let me start with the end in mind: I will produce a $20,000 per month passive income and $5,000,0000 net worth by March 11 of 2019.

1. I have some money to invest starting out 20k- 50k.

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With a 2 bed you can do many things with that space to make it still work.There are some 3 beds in the area here and I have even seen 4 beds but rare and those command a little more rent but not much versus the extra space they take up.

There have been several long debates on the forums about good debt versus bad debt.

You have to give your investor agent proof of funds statement, talk about monthly rent wanted versus price, etc.

Some that invest in SFR (versus multi) will want at least $200/month per unit.Using your guidelines for expenses, you'd be at $230/month in positive cashflow, but I don't think your numbers are conservative enough.

I guess my question was more in the details:Taxation, Self directed IRA versus Roth, cash flow from the property, etc.

I didn't realize until I looked it up this morning how much more expensive a gas heater is than an electric (another $200-ish), so that probably accounts for the difference in price that we're paying versus what you're paying for a gas one.Thanks for all the feedback, good to know as we research other markets to invest in.

I mentioned they could meet a flipper locally and go to lunch and get the real data on the area versus generic info.