These are the properties we see investors have the most success with (some quitting their day jobs from the cash flow).Purchase: $80k-$130kRent: $1200-$1500ROI: 10-14%Cash flow: $250-$350/doorAppreciation: Double digit (for past 10 years, will gladly send data)Location: C+, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, mortgage, Amazon fulfillment, and more jobs.The bad reputation comes from OOS investors wanting $20k D market properties where the condition isn't what it appeared to be and/or the tenants never pay rent.

Justin

@Justine Phillipson: I've been researching turnkey options as a way to get my feet wet in other markets, get some experience with some positive cash flow, then dive into other aspects of investing that we enjoy. 

It’s better with limits STRs for the people who live here and just in general IMO.

from the sounds of it when I spoke to her before she didn’t really have the money to continue paying the mortgage and fixing up the house but I understand that things do change.thank you for your feedback, if I do need a lawyer, I will get my ducks lined up just in case it goes that way.

@Robert DeForge I was just in a similar situation.

Quote from @Justin Brickman: Quote from @Brandon Smith: Thank you for the reply.

I agree on the guarantor thing lol, but I did solidify one just in case it comes in handy.

Quote from @Justin Summers: So what did you do? 

I was just in Portugal and its not like they had to run to Mexico or Belize.