Once the renovation was complete, I started searching for a property management company, as I don’t manage my own properties.

The key is to create an amazing property, in a great location, then manage and market it better than the sub-par property managers in the area. 

When operators mention employer names or area amenities, they should look at where their actually tenants work and pitch that vs just big name companies whose employees might not ever live in the building.They always pitch no capital calls, but will be interesting to see how investors fair after inhouse loans will be paid off to the properties they needed to do that with. 

We play games called, "lets show the property to a perspective tenant" and "lets go to closing together" and "lets deposit money in your bank account" and "lets review your college fund investments".

As a San Jose licensed property manager and investor, a 5% flat fee can be reasonable depending on the property. 

When it comes to 2-4 units not all markets are created equal. the northeast and midwest tend to have a lot more market for these properties then do newer areas of the south and west. 

My main goal is to just purchase and flip my first property while using the contacts I have back home.

We put 12% down on the property at a 5.99% rate and contribute another $120 or so every month towards the principle. 

In our case, we've delivered over 530 properties to clients worldwide.

I don’t hear much about turnkey properties on the BP podcasts.