I know there are arguments to both sides of every coin but with the whole Morris invest debacle (who only accepted cash buys) it’s gonna be hard to override my opinion on this, especially if you’re dealing in sub 50k purchases Thanks for your comment.Over the years I've gained a tonne of insight into how companies operate and it's not what you think.To this day, I don't know of many turnkey companies that are offering finance on their deals where investors still don't over pay for the property.The biggest and the best in the industry control the entire finance process and know tricks on how to influence appraisals.Like selling for cash at higher than market value and "booking" in the sale on the MLS.The hundreds of cash comps are then used to pull up the value when someone is looking to finance.They single handedly over inflate the value in an area by doing this.I don't even want to start on how they also exclusively use local community banks that will "dance to their beat" as they get millions in new loans every month.Finding the right team and working with the right people is the key to success in turnkey.If you think an appraiser or building inspector are protecting your best interests than you are wrong in my opinion.Spend the time in finding the right people/company and you will do well.DON'T INVEST until you find the right people no matter how long it takes.Much success 

The issue I have with umbrella policies is that many of them have exclusions which the owner would still potentially be liable for.

There is a government entity that leases most of the space, they are still almost exclusively in person and I have very cheap debt.

If you can sell it and not have to pay taxes on all the profit because it was your residence; I'd sell it and take that $1 million and invest it elsewhere.I'm still waiting for hard numbers, but it looks like I could tax defer 1/2 the cash by reinvesting in my new Oakland property through a reverse 1031 and then shelter the remaining amount through the Sec. 121 primary residence exclusion.  

Annuities also have major tax benefits based on Exclusion ratios.

And he's not talking about consumer debt exclusively, here's a pictograph from his website referring to real estate investing.

*Also, neither of us have occupied them over the 2 year minimum in order to enjoy the cap gain homestead exclusion.

But if you moved out late in 2020 your window is quickly closing for a primary residence exclusion. 

I am also an entrepreneur who recently soft launched a beauty specific real estate website: Think of Zillow/Loopnet  exclusively for beauty practitioners. 

@Josie Sales The Sarasota County foreclosure auctions are held exclusively online.