@Ivana Ivanovic most Turnkey Companies took advantage of the drop in prices after the Great RE Crash in 2008-2010.While values plummeted, rents didn't, allowing Turnkey companies to buy properties relatively cheap, fix them up and still sell at a profit due to relatively high rents.Around 2016, they could no longer do this with Class A properties, so they moved to Class B.Right after COVID, they were forced to move to Class C properties.What do you think most of them are doing now to justify selling at profitable prices for themselves?

If you are in California, then property in KY, Indiana, TN and a lot of other areas seems dirt cheap to them.

In the age of same day delivery and on-demand streaming, filling out a form gives newer folks a hit of dopamine and makes them feel like they are doing something positive in their lives.

Although my cost of capital was cheap (2.5% 30yr fixed), the increased STR supply resulted in a more hands-on approach by me (better marketing, improving the quality of my check-in hose, services, etc) and this wasn't turning out to be as 'passive' as I would have liked (I've been managing my own LTRs for close to a decade, so perhaps I'm spoiled).

Companies invest heavily into training because its actually relatively cheap.

I was also thinking maybe find a home for cheap and restoring it for myself with a construction loan.

Obviously we are tempted to try the cheaper option, but we know there is a catch, it's that cheap for a reason.

HomeGuard is not cheap so I want to make sure this is worth spending money on.

Columbus OH is very landlord friendly and the deals are at a very cheap price point.

. - LLC doc sets are fairly cheap and easy to create these days (with limited assistance from lawyers) and its much much better to have that cover bases on arrangements like this - it will also fit nicely with financing options - whether you take on debt from a lender in a co-equity situation like your first plan (refinance loan to LLC post rehab?)