@Tyisha G. like so many businesses, there are some turn-key ("TK") opportunities that are excellent operators and hitting the returns they promise, and there are some awful, inexperienced and/or crooked TK operators.I think the best thing would do is to reach out to many TK operators and just start talking to them and learning and discussing their business model with them and what you're looking for.

The project was 6 months behind....the investor hired a relatively inexperienced contractor who spoke fluent spanish and ended up using whatever scab labor he could find off the street.  

Other than parts of Boyle heights, I have not looked into these areas very closely since they're not my cup of tea. 

There are many investors that can handle homes of this age/vintage, but I don't recommend it for the inexperienced.  

@Tea Houck I fully agree with @Chris M., stay away from HOA's. 

Again, not all of them are inexperienced, just do your homework. 

You can make money in either market, true enough, it is just REALLY difficult for an inexperienced small scale investor to do it from afar.

---------------------Inexperienced FSBOs are easy marks,They're swimming with the sharks.You don't like my remarks?

IT is extremely frustrating to read a ongoing report of a inexperienced landlord being played by a tenant for three months when the simple solution was an eviction.

Begin thinking:  As an owner, I have the right to rent, sell, paint, abuse and even burn any thing I own (yeah,  property would need to be owned free and clear).if I own it, I can manage it.Any law contrary would be an abuse of common sense and we might see another Tea Party :grin::Thinking no longer required{ yes, that's snide, satirical & couldn't resist :sigh: }