What kind of complaints have been generated.The fact that suburbs have already banned them and others might follow suit does not bode well IMHO.You can ride the wave for a while, just make sure the property is going to perform as a LTR if it comes to that.

I have been using the rough old fashion method of keeping receipts.

The process is stressful enough as it is but being a plane ride away would make it so much worse.Good luck and hope you find something you like!

Born and raised in CO, turned our first home into a rental just over a year ago and purchased my duplex property in Kissimmee,FL this past August.Been a fun ride with lessons learned but already looking at trying to secure a 3rd rental in the next year.

You may not do as well as if you were to be really aggressive with that $ and manage it yourself in a hands-on fashion.  

Higher prices + Stagnant Rent = Lower Returns.I'm not sure the best way to navigate this trend other than ride it out through long-term holds. 

There are so many choices from conventional to fashionable.  

You can ride out a correction based on history they will bounce back.

Most turnkey markets are in slow to no growth markets so you'd need to be extremely lucky or in a rising market or gentrifying neighborhood at the right time to be able to ride that wave in the short term.

In CA, that means in some form or fashion, unless you are licensed, you are brokering without a license.