Does Turnkey eat up too much to be a viable strategy?
Just starting out and am leaning towards Turnkey in Indianapolis and then branching out into other markets. I'm interested if others have used Turnkey providers effectively to build large portfolios. @Brandon Turner stresses the need in books and webinars to get the right price (say 80% of value). I don't see doing that with Turnkey providers, but maybe I'm off base here.
I understand that finding the best value property, improving, and managing it yourself would lend the biggest potential return, but looking to have a more hands-off approach on the rentals themselves.