I've heard a  lot of horror stories about other turn key companies from our clients and there are always recurring themes but in general, the ones to avoid are the ones that: Don't allow financing or a finance contingency (it can be a good indication they are selling above market value) Don't allow for your own independent property inspection Are not realistic with their pro forma's (i.e. they don't include vacancy or maintenance projections or use unrealistically low vacancy factors) Require you to pay for any renovation upfront Sell only in cheap. low end neighborhoods Don't accurately represent the neighborhood/property classification Don't have consistent rehab standards for all properties Don't provide a scope of work for the property Can't provide references of repeat investors Require you to close before a tenant is in place

And what the "right" city to invest in depends on what you are looking for.

Senior housing, which encompasses everything from independent living to memory care facilities, attracted $17 billion of investment in 2019, according to a CBRE Group Inc. report on senior housing.

The bank is audited on their portfolio.

We are looking to get into REI this year to start building some wealth and eventually gain some financial independence. 

-Prospective partner brings tools, trucks, equipment, time and experience to the table-We already work together as independent pool and landscape contractors.

The Del Valle Independent School District just approved the incentive agreement Tesla was seeking, and Travis County officials are set to vote on an additional package July 14th.

Won't I invite an audit automatically by claiming on my taxes that profit from let's say 5 flips in a year is passive? 

J Scott's book mentions a few documents to prepare, such as W-9, Independent Contractor Agreement and SOW.

As a Member if the LLC, his activity expenses would be allowable deductions of the LLC...Or, you could have him as a independent consultant on a 1099.