Also note that if the tenants did damage beyond usual wear and tear.

However, the talk of drawbacks really gives me pause when considering 2nd and 3rd order effects.

A market variation is going to effect ALL the houses.

I have done a great deal of study on monetary and fiscal policy and its macroeconomic effects and have been satified with my understanding and has lead to greater confidence and clearer vision in my real estate investing.

A piece might fall the wrong way and damage something.Windows would come next.

If that makes sense...........I've written lots of long posts to this effect...without going into again in detail, I'll just agree with Wayne

I've heard it's harder to get tenants to pay for damages.

I'm somewhat stuck at a crossroads because Phoenix has shot up quite a bit (about 22%) in the last year, but it was mostly in single family homes due to institutional investors (it seems to me).A fear i have about these large companies buying so many homes is that they could dump them quickly and poorly effect the market.Also, I fear that the Phoenix market has been eaten up so quickly its been exhausted of its potential.

But a couple significant things that turnkey providers are exceptionally good at (or should be) are 1. finding deals, more specifically being able to negotiate insanely good deals so as to maximize their profits later, and 2. being able to rehab thoroughly and to a nice quality but very cost effectively.

Wondering what type of flooring everyone uses in MFH rentals and why.Looking to replace old vinyl in a kitchen of fourplex but head that tile is a bad idea due to stained grout and other possible damage.