If you get the numbers wrong by too much you lose any potential profit.

You must find people you want to work with and initiate the conversation from your end.

I point this out because I know there are people out there who are looking into investing in turnkey but hesitate because they are inexperienced as well.

Despite the Interest rate and Housing Crises, there are many people who are realizing the importance of Cash flow and Passive Income, and with current Interest rates, is it Realistic to seek a Cash Flow Positive rental investment, considering that you have bare minimum equity in the Property?

Purchase price: $275,000 Cash invested: $294,000 Seller was behind on pay HOA payments and in risk for losing the property.

I know people who love to travel and move often... they mostly rent. 

Many people are aiming for -$500/month cash flow now and then hoping to break even or go positive after refinancing in a couple years at 5%.- You're right, if you want to maximize your first priority (positive ROI), you'll usually benefit more by finding an underpriced rehab on or off market and then developing it with an ADU and/or DADU.

I'd love to get people's thoughts if anyone is interested in taking a look?

I didn't think people would know where that is! 

That means you are losing $500 a month or $6,000 a year.Study the market and know what you are worth.