For me, it's definitely cheaper to build than buy from retail because I save on a GC cost.

@Bob SmithWhile investing via Turnkey Rentals sounds easy, you should understand that you will be paying full retail, often even more, for the properties.

Is it retail at vacancy?

So for all practical purposes, when the dust clears, I would be buying at full retail, if not more.  

Do not expect riches from the start, especially if this is a turnkey, more often then not it will be retail price and other parties interested in it.

With a background in retail and customer service, I believe I possess skills that could be valuable in this field.However, before diving headfirst into this new venture, I want to make sure I have a clear understanding of what exactly co-hosting responsibilities entail.

Some in here are assuming investors are buying property at retail.

I personally don't know any that work in the higher end space you are describing, so I would expect to pay retail.

This creates so much positive leverage without much riskbut buying a retail priced asset, like much of the real estate market today, and putting market priced debt on it seems like the opposite - higher risk without an exciting upside I would not do the same now.Leverage is great, I don't care about even 7% rates, it's the retail asset prices that make me steer clear 

Purchase price: $1,730,000 Cash invested: $560,00014,000 SF 11-unit mix-use building consisting of 2 retail spaces and (9) second floor apartment units.