?Turnkey rental properties with positive cash flow ?

[Udaya P.]

I am first rental investor. My goal is to buy-and-hold

for passive income with ROI of 10-12%. I do not want

to spend lot of time and effort managing rental properties.

Towards this goal, I talked to few companies that

offer rental properties and also do the property

management and take care of everything.

I am trying to understand the Pros and Cons of buying

turnkey rental properties. All the experts, please let

me know the Pros and Cons of turnkey properties.

What are the things, I need to look for when buying

turnkey rental properties ?

What the pitfalls, I need to avoid ?

Is this a good approach to receive Passive rental

income (or) should I search the properties and do

all the work myself.

Any suggestions for a first time rental investor

like me are appreciated !!

Thanks

--uday