Originally posted by @Timothy Douglas:@Jason Allen I do not, but that's where a partner would come in that provides money while I manage the property or put somebody in place to manage the property for my portion of the cash flow.At 20 years old with no experience you're going to have to find someone who trusts you with their hard earned money over a lifetime.

What I am looking for at this point is to find passive investors to put money down on the deal that want to earn 10% on their money.

Purchasing a Turnkey when you invest OOS is a great way to earn passive income.

Trust is earned.

I would earn some more money first. 

Many properties I see (SF Bay Area) would be cashflow negative at purchase even just on PITI and not accounting for repairs, capex, etcReal estate in California has always appreciated, but its not always just a straight line up, like any market there are peaks and troughs with a general trend line up.

No headaches while earning a little less , I will take that any day. 

The question is, should I find a partner for deals or earn my first property with a turn key?

Is it profitable, or does it provide a high per hour earning rate?  

Iras pay ubit:UBIT (Unrelated Business Income Tax)is the actual tax that is owed based on the income received within the tax-exempt account or entityWhatever percent of the income is earned by the debt is taxable.