Layoffs have started for full time jobs and people want to save money instead of going on vacation, other people can't afford it because they have run up their credit cards because their salaries hasn't matched the rise of inflation for basic goods.

For example, turnkey is great for people who are busy working 9-5 and want to simply invest their money somewhere instead of it sitting in the bank.

What I have learned is that I make a lot more money when I focus on finding and negotiating the deals not doing the rehab labor.

The idea that you can build wealth without putting any money into it is a recipe for disaster and the sales pitch of gurus trying to steal your money.

I have been watching the news and they are pumping money into the city.

The odds of losing money are much higher than the odds of making money. 

That is probably a valid consideration.

I've bought numerous properties with none of my own money - but you have to work to find these deals and make a lot of offers, and hear a lot of no's.

Cons: take a big tax hit up front, so I start with less money invested.

Between the 20k and the money I know I will put in to renovate the house it feels a bit overwhelming.