This allows you to use the same money to buy another property, and another (hence the "Repeat" in BRRRR.If you buy something that is turnkey, it requires less time and effort on your part to get rent ready (essentially zero).One isn't necessarily better than the other.

@Patrick McMaster Typically CPAs don't perform cost segregation studies, but they do need to understand how to utilize the cost segregation study report on your tax return.

They are essentially taking advantage of those are not informed about all that's currently available.

Those are essential to investing out of state. 

@Jacob Maes You will find that there are many syndication deals out there that accepts non-accredited investors and typically the minimum investment amount varies on the deal and the sponsor.

There is something lost when they know you are not there and you are essentially just a voice on the phone.

As to "taking control" you'll have to wait until there are board elections (typically annually although usually for part, not all of the board) and run yourself and people you control for the board seats.

Typical rates are 8-12% of income either monthly or yearly depending on manager.

I keep on hearing people say that you're typically going to want 20-25% down for an investment property but is it still possible to do 5%?

Is this typical or is this quite high?