to see if you like it and can learn/handle the require underwriting. - contact @Jay Hinrichs about this, pay him if necessary, as he's been doing for 25+ years.Good luck!

A lot of the popular areas in Charleston proper that are not licensed under the old laws now require the owner to live on the premises to obtain an STR license.

Both these properties have mortgages and they both are required to have insurance on them.

I don't know what they are but unless there's something in the city that requires that kind of notice, it sounds excessive to me.

I wouldn't be surprised if Boston required this type of "remote eco-mitigation." best regards,Chris

Turnkey is just a promotional word and it, just like passive investing, require the same due diligence that any other investment requires.  

You could form an LLC and have the operating agreement that allows your boss to require you to purchase his membership interest (or allow you to purchase his) in a given time frame.

Run your numbers based on youre required return given what youre likely to have to spend and the amount of headache, risk, and work you have to do.

I specialize in investment properties, high-end homes, and commercial real estate, and I run Updegraff Group Realty, a full-service brokerage that helps investors not only find and fund deals but also manage construction, optimize returns, and scale their portfolios.Financing Your First Deal Without Using Your Own MoneyIt’s a common question, and the truth is—it’s very doable, but it requires strategy and relationships.

Mainly the panel is in the basement and it would require a ton of work and paying for labor hours + repairs.