One method that I've been doing consistently over the years (and even to this day) is sending out offers to owners directly. 

There are certain benefits of starting an LLC (legal protection of your assets, with a proper structure - some tax savings, etc.), but there are also costs and time required, so I would advice to start as a partnership, and form an LLC if you decide to keep doing it on a regular basis.

My question is: does the BRRRR method work with true turnkey properties?

I close on my first property at the end of the week in which I am using the BRRRR Method.

I would much rather have them put a bonus structure in place where I would pay them less in property management fees (say 7% to 8%) and then give a bonus on top of that if they collect my rents on time.

@Cameron Knight When you put your property into an LLC, you would be looking at commercial lending structures.

In your case, you could structure your offering by allowing people to get on conference calls and the like.

This is just an odd concept to someone from the West Coast as generally land is included with the structures on top of it (certain exceptions for mining rights etc)

Its the same number end of day, just different structures.

Hi, im a new investor looking for good areas in Wisconsin To fix and flip and also rental properties, i want to do the brrrr method