I would not consider it like beer and cigs as those products are massively available and these new products are more exclusive retail wise. 

Thanks for posting the open-kimono version :)  I've debating/researching turnkey's and this is a massively helpful write-up on what to expect diving into this.  

Kinda like asking Warren Buffet if he woulda been happy with S&P 500 returns for his life's investment work (whereas he finds that perfectly acceptable for his wife after his death).(2) The unfounded "hate" might come from those who don't count properly and take 1-5 years net as their compound annual growth rate over the next 30 years... kinda like quoting REIT returned >30% last year, small cap > 35% the year before... and expect > 15 % CAGR going forward.Unfortunately I am not in category (1) so will be very happy with 8% unleveraged total return CAGR.

I rent my whole lake house and Home away has driven a massive amount of traffic to my property.

It's clearly not my problem, but clearly my tenants have created a massive HEADACHE with this one.

If they have multiple carriers and their term is running out, you have massive leverage.

@Jay Hinrichs it would be for both asset protection and privacy; I hear a lot of conflicting advice about this issue, some say just get a massive umbrella policy (which I plan to), others say get the insurance AND make sure the house isn't in your name.

These inefficiencies are costing us time, money, and creating massive barriers to entry for new investors and home owners. 

Granted, nearly anything going to foreclosure sale today is either fraught with massive deferred maintenance or, the borrower had other issues (Like tax liens or other liens) that can only be wiped out with a foreclosure (if not paid by borrower).

IE Fed Ex moved in.. along with mile after mile of wharehouse and logistic's operations.. literally a 3 to 6 hour truck to 2/3 of the population in the US... logistics is a little tougher out our way with massive size states and distances between Metro areas.you have Seattle and Portlandia 2.3 hour drive but then its 10 hours to SF  SF to LA basin 5 to 7 hours and of course LA to San Diego is only 2.1 hours.