@John Powell The necessity to build relationships can not be understated. That's the archimedes lever in your write up above. I have done 15 deals in the last 90 days all in Kansas City. Last year I was devastated by a relationship turning sour in another market. It took several months to get back on the horse and be willing to trust people again. Turn Key provides built in relationships but there are draw backs to that approach( you will typically loose a lot of your equity capture as that becomes the providers profit and not your wealth).
I took the route of finding an area, visiting and finding a boots on the ground equity partner. It is the only way I could figure out how to line up someone else's interest with my interests sufficiently. The rest is just ethics which no LLC operating agreement can replace. If you are a trustworthy, ethical operator that focuses on adding value - you will attract that. They are out there!
