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.

Then I call and find an escrow company/title company, and present to them the purchase agreement and the assignment contract. 

My larger PM companies issue me 1099 forms with gross rental income? 

For military folks moving a lot, owning for a long time might be a bit tricky, but there are options like selling or getting someone reliable to take care of your property.

The owners of the company have 10 acres where they build a few manufactured homes and use those as STRs.

Properties with significant equity and have a mortgage on it the mortgage company typically pays it so they do not get wiped out.

It's a great way to BE the bank yourself, although you do pay simple interest to the life insurance company until you pay back the loan.

Hi all I'm looking to consult with a business attorney for company formation, and service agreements.

I know that where I do business (mostly Arizona) we add additional clauses to our agreement for sale to help mitigate the seller being nefarious and providing enough public record to keep things on the up and up with title companies.

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.