@Jason Bott Sewer backup does not cover this policy.

You'll need a couple months to cover expenses but it does depend on the financing company that you use.

There's a great article on Zillow showing the returns for most major markets here --> https://www.zillow.com/research/where-rent-covers-mortgage-15624/.

Live in Boiling Springs now, but I work in a sales job that covers Charlotte and Boone as well.

Tenant screening has become extremely important and zero risk screening is necessary.

Our insurance agent was working on getting us some sort of blanket policy that covered up to the purchase price only, but he's having difficulty because we often have mobile homes.

When I get that I will go over the details but he seems to think $30,000 should cover the rehab.

I'd ask the seller to move them out before closing, if it won't violate any law in your state.If they won't sign the lease after closing, it might cause real problems to you.They are the seller's employees and won't even pass the screening.

My goal is to have five long term rental properties in the area before I retire there in 2019 and then start employing the BRRRR strategy when I am closer to the properties.So to finally answer your question, kind-of turnkey, as in the property that I am looking for is rent ready, but I don't work with a turnkey company as I prefer to use my own property manager to screen tenants.

Again, look at the prelim closing statement, if the tenant is getting any relo money, that should cover it.