I have done well here at BP so far with meeting people to aid me in my Real Estate ventures and hope this will be a success as well.

No one wants to rent with people they don't know, in my town groups will set out to find houses, not singles.Then as I tell the kids when they complain "Its much more motivating to come home to a house full of angry roommates than it is for me to call you a few times"Continuing: If someone leaves I put the students in charge of finding their new roommate, I don't want that responsibility.

I love connecting with other people in the area that are looking to invest. 

G'Day Trevor,Just posted the same below to another investor asking about turnkey and my advice stays the same 😁There aren't many "true" turnkey companies around anymore and I've seen a trend where investors want to DIY out of state and country.Personally, I think this is an even bigger recipe for disaster than buying turnkey.But that's just my opinion.Back in the day you had many "turnkey" companies selling crappy properties in crappy areas for a lot more than market value.Then they pass you on to a 3rd party PM that nickel and dimes you to death.Granted, if you want to DIY I would always advise moving to the market that you want to invest in.Spending enough time with key people needed to make your venture a success.Yep, easier said than done 🤷‍♂️If you DIY from out of state, you will probably find an "investor friendly" agent that will flog you expensive property from the MLS, refer a "good" contractor and then you will most likely also get nickel and dimed by a referred "trustworthy" PM.IMO, you are safer finding a reputable turnkey provider in a market that you want to invest in and go from there.If $#%@ hit's the fan (Which it always does in real estate), at least you have everyone to blame under the same roof.A true turnkey provider will have everything an out of state investor would/want and need under the same roof.No finger pointing is allowed lolI'm bias as we offer turnkey so take my words with a grain of salt.Just happy to offer my 0.2 Aussie cents.Wishing you much success

A couple people have mentioned the water being high so that’s definitely worth looking into.

Some people are successful by changing banks and keeping small amounts in several accounts, so the collector can’t drain everything.

You do that it does not matter if you have a website as you will build a local network of people who will want to do business with you. 

I have been replying to posts for eight year and trumpeting the benefits and risk mitigation of adding value and people respond to me like I've lost my mind.

This is a great place to learn and to connect with people so take advantage of all the great resources.

Other people in the lending space might have better answers, but some lenders quote taxes, insurance, etc. to fully understand the monthly cash burden and ensure you know it as well.