You don't have to look far to find the horror stories about turnkey companies and out of state buyers.

My investment approach required fixers with good value add potential.  

If you are borrowing the balance and you are an investor buyer then that amount of cash will get you into a $300-$350k property @8% interest. 

Hi folks, we are looking at potentially retrofitting an existing SFR with sprinklers in Seattle (city code might require for a new backyard build).

I know we just bought it but I see huge upside/potential.  

A solid base of steady income with a low return and exciting, headache filled days with sellers, contractors and buyers to make a little extra cash.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

And all this lends a lot of potentials for risks in crossing that line being drawn.

A property’s location can significantly impact its value, potential for growth, and overall success as an investment.

For example, you could find deals that have good long-term potential and buy enough money down so they throw off a bit of cashflow, but not so much equity that it limits your ability to scale.