The key is to find a niche, like near that gun range, and to provide a "wow factor", like an in ground pool, game room, near a park, a natural preserve, etc.

I starting in REI in February 2018 when I turned my previous primary residence into a rental and became a landlord and soon after bought a turn key rental in Bossier City, Louisiana.

Obviously, individual preferences, goals and risk tolerances play a key role. 

I expect my rental income to cover mortgage payments of course, but I can also cover things as needed by pulling out or borrowing against my stock investments - so losing my active income source isn't a huge concern for me.

When gas got deregulated in many areas of the country (quite a few years ago) many were happy because now they had a wide variety of companies to go with as their source of gas. 

There's always risk when dealing with turn key companies because you're dependent on them for everything starting with property value and pro forma all the way through rehab and leasing. 

Hi Steve,Vetting a sponsor especially if this is your first exposure with this group is key. 

No first months rent, no keys.

The key additional question is moving forward would they insure the property if the answer is no at purchase 

I am trying to find summary reports on different markets so I can begin sourcing information.