Renovated and Rent Ready
Updated by our local crews and inspected before it goes on the market.
Renovated, rented and professionally managed. Financed in-house. You just pick the property.
Most people who want to own rental property never buy their first one. It's not because they can't afford it. It's because the process is overwhelming: finding a deal that makes sense, getting a loan, managing a renovation from another state, finding a good tenant and then dealing with the day-to-day.
Next Level turnkey homes take all of that off your plate. We find the property, renovate it, place the tenant, finance the purchase and manage it for you. You get a cash-flowing rental and the long-term benefits of owning real estate, without becoming a full-time landlord.
Everything a new investor usually has to figure out alone, handled before you close.
Updated by our local crews and inspected before it goes on the market.
Many homes close with a qualified tenant and a signed lease, so rent can start right away.
We fund the loan ourselves. DSCR loans qualify you on the property's rental income, not your personal income.
Rent collection, maintenance and tenant care, free for your first year.
Available on many homes. Use it to buy down your interest rate and boost your cash flow.
Many of our homes are priced below retail value, so you start with equity on day one.
Most people never buy their first rental. Here's what usually gets in the way, and how we handle it.
We lend in-house, including DSCR loans with rates that are well below what most DSCR lenders charge. Many buyers use the seller credit to bring the rate down even further.
Every home is vetted before we list it. All of them qualify for DSCR financing, and many have a DSCR of 1.5 or higher, so the rent covers the loan payment with room to spare.
Homes come with tenants and signed leases already in place, so you're not paying a mortgage on an empty house.
Our property management team handles rent, repairs and tenant questions, and it is free for your first 12 months.
Browse our marketplace of vetted homes. Every listing shows the price, projected rent, net monthly cash flow and cash-on-cash return. Not sure what fits? Schedule a call and we'll help you find homes inside your buy box.
We are the lender, so there's no guessing whether a bank will like the deal. On homes with a 2% seller credit, use it to buy down your interest rate.
Before you commit, you see the renovation scope, photos of the finished work and a third-party inspection report.
Many homes close with a tenant and signed lease in place, so your first rent payment can come right after closing. Most closings take about 30 days.
Our team collects rent, handles maintenance and keeps your tenant happy. You get monthly statements and deposits, and your first 12 months of management are free.
A turnkey home is only as good as the work behind it. Our local crews focus on the systems that keep repair costs down and tenants happy, not just the paint. Every home is reviewed for:
Every renovation ends with a final inspection before the home is listed, and our work is backed by a 1-year workmanship warranty.
Our management partners handle the day-to-day so your investment runs in the background. Your first 12 months are free.
After your first year, management is 8% of monthly rent, with a leasing fee of half of one month's rent when a new tenant is placed.
If a tenant moves out, we handle marketing, screening and placing a new tenant. Our average time to re-rent is 21 days.
| Doing It Yourself | Next Level Turnkey | |
|---|---|---|
| Finding the deal | Weeks of searching and running numbers | Vetted deals, numbers already run |
| Financing | Shop lenders, hope the deal qualifies | In-house DSCR loans |
| Renovation | Hire and manage contractors from afar | Done and inspected before you buy |
| Tenants | Months of vacancy while you market it | Tenant and lease in place |
| Management | Late-night calls and rent chasing | Handled, free for 12 months |
| Time to first rent check | Can take months to get rented | Rent can start right away |
Here's a real example from our marketplace: a 5 bed, 2 bath home in Kansas City listed at $190,000, with $1,850 in monthly rent, about $775 in projected net monthly cash flow and a projected cash-on-cash return of 18.5%.
Example from our marketplace, September 2026. Figures are proforma estimates, not guarantees.
See Current ListingsOn many of our homes, the seller offers a 2% credit at closing. On a $190,000 home, that's $3,800 you can use to buy down your interest rate. A lower rate means a lower monthly payment and more cash flow every month for the life of the loan.
Seller credits vary by property. Rates depend on your loan terms and market conditions.
Rental property comes with a tax benefit called depreciation. Normally, the value of the building is written off evenly over 27.5 years. A cost segregation study breaks the property into parts, like appliances, flooring and site improvements, that can be written off much faster. Combined with bonus depreciation, that can move a large share of the deduction into your first year.
For many turnkey buyers, this front-loaded depreciation is one of the biggest parts of the return on the property. Because our homes are recently renovated, they are often a strong fit for a cost segregation study.
This is general information, not tax advice. Talk with your CPA about your situation.
Illustration only, not to scale. Tax results depend on your situation. Talk with your CPA.
We focus on markets where home prices are affordable compared with rents, the job market is growing and landlords are treated fairly. That's where the numbers work.
Including West Memphis, AR
Including Independence
Including Bessemer, Adamsville, Leeds and the Tuscaloosa area
Including Hixson, Cleveland and Rossville, GA
Quad Cities
Cape Coral, Punta Gorda and Lehigh Acres
New-construction duplexes"I live in California and was nervous about buying out of state. The house had a tenant on day one and my first deposit hit before the end of the month."
Jason M., California
3 bed in Birmingham, AL
"Using the seller credit to buy down my rate made the numbers work. Financing, renovation and management all in one place saved me months."
Renee T., Texas
4 bed in Kansas City, MO
"This was my first rental. They walked me through the DSCR loan step by step, and I've bought a second home since."
David K., Illinois
2 homes in Memphis, TN
A turnkey property is fully renovated and ready to produce rent when you buy it. With Next Level, that usually includes a tenant in place, financing and property management.
Yes. Most of our investors buy out of state. You get photos, the renovation scope and inspection details, and our local teams handle everything on the ground. You're always welcome to visit a property before closing.
Most DSCR buyers put 20% to 25% down, plus closing costs. We will walk you through the exact numbers on any property you like.
DSCR stands for debt service coverage ratio. It's a loan that qualifies you based on the property's rental income compared with its monthly payment, instead of your personal income. A DSCR of 1.5 means the rent is 1.5 times the payment.
Management continues at 8% of monthly rent. You can keep our management partner or choose your own.
Our management team handles marketing the home, screening applicants and placing a new tenant. Our average time to re-rent is 21 days.
Our management team coordinates repairs with vetted local vendors and keeps you informed. We'll call you before any non-emergency repair over $500.
No. The numbers on each listing are proforma estimates based on current rent and expenses. Real results depend on vacancy, repairs, interest rates and other factors.
Seller credits are offered on many homes, not all. Listings that include one are marked "2% Seller Credit."
Browse today's turnkey homes or get pre-approved today. Want first access to new deals? Register for our free weekly property alerts.
All projected rents, cash flow and returns are estimates based on information available at the time of listing and are not guaranteed. Actual results may vary. Seller credits, rates and property availability are subject to change. Next Level Investing does not provide tax or legal advice; consult your own CPA and attorney. Next Level Investing NMLS #0000000.
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