My second event i went on Craigslist to find an ad came across an ad saying Become a real estate investor earn while you learn, thought i give it a shot this guy was telling me about Renatus and great mentors they had he invited me to a meeting in south jersey on a Thursday night to watch a guy name scott rowe who has made millions of dollars off real estate education, before i went i had to research what renatus was and who these people the guy was telling me about needless to say i was skeptical about rowe and this guy name brian meara they said he does shortsales and i ask the guy who invited me what shortsale was and he said the host will tell me, sounded like he didnt know what it was either, for the most part all he said was that this was an opportunity of a life time, wasn't sold on that either so i sat there for about an hour and 20 minutes listening to scott say he was from Chicago show me picture of  his community a pie chart how to get into renatus how to pay for very expensive education how to get the money blah blah blah caught in quick that this was an mlm meetup.

Never a bad investment opportunity if the income generated from the property will cover all related expenses.

@Nick KellarBig picture first.1.

What do your holding costs cover here -- HOA, taxes, utilities?

I guess my question is, do you think the lack of versatility is worth the knowledge and connections I would make when you consider my big picture goals? 

At our company we like our clients to be involved as much as they want to be with the expectation of trust in our expertise for certain operational factors.Also, if the turnkey company has well-established policies in place for leasing, resident on-boarding, standardization of renovation approach (replacing capex items first and foremost), and property management, then they could be a good option for investors.Also, look to see if they have warranties in place to cover the renovations they have completed on the property.

This way they get their asking price, a large chunk of cash to put down on a house, and they're new mortgage will most likely be covered by my payment.

Make sure you are familiar with your local laws, especially if this is an area that isn't covered in your lease.

Do you have already a good liability and umbrella insurance policy that will cover you fairly for a broad range of issue?

Today’s show covers that exact topic!