As you will soon find, there is no common definition of a turnkey property, and it can be very risky (and expensive) to make any assumptions.The ongoing management of the property is another area of vastly different approaches to turnkey investments.

In addition to the vast number of traditional companies and industries, we have a booming Tech sector and now are behind only LA and New York in the amount of movie production and sound stages.  

@Michele VelazquezI would also highly recommend Houston Texas.I personally have rentals in Houston and the surrounding areas of Spring and Conroe.These areas tend to command quality tenants and they have great schools.Also real multifamily investing is very vast and learning about it as much as we can always helps.A local Investor-Agent can help shorten your learning curve and save you a lot of headaches as they tend to understand the market better.All the best!

It has an array of other features should you choose to expand your rental portfolio.  

Real estate is a vast industry and requires a clear sense of direction to succeed. 

This includes budgeting for initial investments, calculating potential returns, and having a contingency plan for unexpected expenses.Real Estate is a vast industry, and with dedication, continuous learning, and ample networking, success is within reach.

Real Estate is a vast industry, and with dedication, continuous learning, and ample networking, success is within reach.

Just remember to update her lease, and have her update her deposit and last month's rent to correspond with the new rent amount. ...I have tenants who transfer from one of my units to another on a somewhat frequent basis (usually it's tenants who want to upgrade from a cheaper unit to a more expensive, nicer unit)...because my portfolio includes a fairly wide array of locations, property types, and price points, a tenant can move around within the portfolio and find whatever type of unit matches their needs.

I am sure vast majority of people on BP and life donot want to pay what they donot owe. 

Welcome to the vast world of real estate and Bigger Pockets.