Here are some considerations and tips to help you make the most of your turnkey investment strategy:Pros of Turnkey Properties:Ready for Rental: After refurbishment, turnkey homes are usually ready for occupancy right away, saving you the time and hassle of doing repairs and improvements.Professional Management: A lot of turnkey companies provide property management services, taking care of tenant selection, rent collecting, upkeep, and other daily tasks on your behalf.Passive Income: Investing in a turnkey property allows you to immediately begin earning rental income without having to take on major maintenance or remodeling tasks.Tips for Investing in Turnkey Properties:Take some time investigating turnkey suppliers in-depth and select reliable businesses who have a proven track record of effective property management and satisfied clients.Make sure you have done your research about the property, its surroundings, the nature of the rental market, and its potential for long-term income flow.Analyze the financials of the turnkey property.Even though turnkey homes can generate rental revenue right now, think about your long-term investing objectives and plan.

Nothing to it as long as you don't listen to all these SEO companies regurtitating, "backlinks, time on page, click through rate, keywords, content is king" crap. 

I financed it with the help of a friend that owns a mortgage company.

I'd just add to Bruce's post that reputations and relationships matter as well.

All corporations and limited liability companies doing business in Pennsylvania are required to pay corporate net income tax."

I started in mid 80s working for a HML and then ended up owning the company..  

Lots of investor friendly wholesalers, lenders, title companies, agents etc.

Also, don't forget a good STR company wants to succeed as much as the owner.

Insurance companies have many exclusions and they may not cover everything, but they can help to pay for some of the costs of a lawsuit.Good:Using one LLC for all of your rental properties.

I do have a lot of my company stock