Turnkey Rental Property a good idea for a first-timer?
We live and own in California where we can't afford to do much, so we'd like to invest in a rental property somewhere else and this will be our first purchase (aside from our home).
Can anyone break down how Turn-key property companies work, what they charge and such? We have a lot of family in the Tennessee/Arkansas areas and Ive read Memphis is a good area to look.
Any tips and info would be much appreciated!