cosmetic face lift and cleaning What was the outcome?

If you view a tenants quality in broader terms then your decision is much more difficult.

Assume 1 month vacancy per 13 months (deduct 1 months expenses) Assume make ready costs of app $2,000 per 13 month period (paint, cleaning, carpets, etc..)$1200- is that for repairs, etc...

It is easier to control an SFH in regards to area, quality of tenant, and maintenance.

We cleaned out front landscaping bed, removed a fence by front sidewalk, added additional signage to increase visibility.

How did you obtain peace of mind that the turnkey provider was legit and was actually providing a quality, cash flowing property and not stiffing you?

Part of getting into REI is so that we can spend more of our time together rather than spending more than half our day at other jobs and commuting, getting to work together is a big part of why we want to take this on (and the potential that RE Investing has for financial freedom).My Concerns: I originally thought I would develop myself as a contractor and do most of the work myself at first, but when I consider the time constraints (holding a house way longer to do the work myself, and the quality of work suffering) I realize this isn't an optimal plan.

The amount of work you put in is directly correlated to the speed and quality of your results!

And it will be harder to find good quality tenants.

These numbers make so much sense.....the renters build my equity in the property long term while I get to pull 12% return on the cash i put down out of pocket.....If your'e familiar with many high quality mutual funds available in the marketplace, they average a 9-10% rate of growth.