I look to an acquaintance who lives in Germany, and it's crazy how much easy money we have flowing into our market because of these laws that have been passed over the years.Is anyone else a little freaked out about what might happen if that legal safety net begins to disappear, or hits the edge of its bubble?

I would have to make sure there is enough of a safety net in my bank account starting out to cover for the possible vacancy.

Add to that old, leaky windows, humid basements, crawl spaces, leaky roofs, and you have elevated humidity in a food-rich environment, where mold is concerned. 

KevinLet me give you food for thought.  

I do like your humor Daniel.Buying a $600K++ SFH for cash flow............Just kidding you..........buy funny.Let me give you some serious food for thought:When you purchase average properties in average con­dition, you can expect to pay average price and get average terms.

Mostly minor things, but a number of serious things, including significant wiring problems that could be safety problems, undulated siding all over, sediment in cold side water connector, HVAC not cooling sufficiently (return vs supply temp).

My main concern is a) my tenants' safety and b) that people don't get defrauded.  

There will be some costly expense that you didn't account for and because you have no margin of safety in turnkey since the margins are so narrow and the turnkey provider took all the profit out, you will be stuck with what you thought was a 30k profit and maybe a 10% return get slammed down to maybe 3k profit and 2% return for example.

You need this for safety of having multiple exit strategies ... in other words, you always need a profitable exit plan B if your plan A does not work.

That could barely bring food at the table.