I say this as on the surface a value add will typically always be the choice if you are trying to build equity, your net worth, and potentially cash flow.

@Jay Hinrichs I filed one once in CA, and the homeowner did surface due to his mortgage being effected.

I instruct them to use hair traps, food traps, lint traps on dryers, etc.Preventable damage caused by things that may not be the tenants responsibility but that they didn't report in a timely fashion: An example would be things like the roof leaking, or the presence of those house eaters I previously mentioned.

What may look great on the surface could actually slow your progress toward your goal. 

That life planner really elevates beyond the typical to-do list mentality by organizing your day to support your big goals in a logical, organized fashion. 

I acknowledge that this question has surfaced multiple times on this forum, but given the current interest rates, there might be some variations in the situation.Our intention is to acquire a new property for an upgrade.

On the surface, it seems like a great way to get started and lower the barrier of entry!

@Duncan Hayes I know the area well and on the surface it sounds like a great deal.

On the surface I agree, however, upon deeper examination both types of appreciation are indicative of something - what?  

And let's also throw in a good old fashioned housing recession in there 10 years, so those out of state turnkey properties that you bought at retail price, that haven't kept up with inflation during the good times, are now deeply underwater in the bad times.