If you know a realtor you can ask them to look up where the majority of cash closing are happening.

And just for clarification, if you'll be using FHA financing for the $65k house then you won't be able to use FHA financing for the $150k house, unless you can show that you had a major change such as a job relocation, etc.

They do all of the online advertising on the major sites.

Welcome to BiggerPockets @Kaphan Edwards.When I found the site, I was at level 0 for sure :) BP has definitely played a major role in my development as an investor.Good luck on taking your business to the next level.

If I can build up a 10k reserve, I'm hoping to be covered on the major items, especially since it's a turnkey.

I would not trade shoes, however, with a good majority of people on this website (or in general for that matter) who landlord their own properties, pay all cash, work full-time flipping houses, and more importantly, those who aren't at least millionaires.

There is definitely a sense of relief knowing that, barring any major disasters, we won't be getting a call about any repairs on the houses for the next 10 months!

I personally have a few "turnkeys" with the majority of my holdings being pretty far from turnkey.

My biggest fears are getting stuck in permit hell and opening pandora's box by doing a major renovation.

A majority of the stuff out there I evaluate for clients the numbers are off from the stated cap.