Long Distance Turnkey Properties: A Good Idea?
I have recently learned about turnkey properties. It sounds like it would be appealing to investors who may have a hard time finding properties that cash flow in their local area. Has anyone had any experience with buying a long distance turn key property? I have heard that they are not a good idea because you are too far removed from being able to monitor the property manager and get to know the area you are investing in. I would love to hear your thoughts!