However, I will point out that a lot of people use the word turnkey and describe it like it is a noun -encompassing and defining anyone using the word to describe their business. 

And those that scale and do it for a living like you and I do its all encompassing.. 

That LLC, regardless of who/what actually owns the properties in question, could encompass 1 property or it could encompass 20. 

I managed a large portfolio of properties for all types of landlords and investors, eventually working my way up to run all of their operations in Colorado which encompassed 2,100+ units, 40+ employees, 3 regional offices and hundreds of investors. 

Maybe you can create a Meet-up group that encompasses NY and the surrounding areas, NJ, PA and test trial if people would be interested in a meeting on a monthly or even a quarterly basis.  

It will encompass more A&M and Blinn students.

Your screenshot definitely encompasses that area but goes all the way up to the northern Detroit boundary (8 Mile). 

Also, "Baltimore" has a very far reach--meaning that the area that encompasses Baltimore includes both Baltimore City and Baltimore County and there are different investment prospects in each.

I think the biggest things that encompass my thoughts; ensuring the rehab goes as planned, finding a good Tennant, and making sure I am able to file taxes appropriately.

Regarding your first point, my goal was on acquiring my first property for a couple of reasons: 1) it implies I have successfully found, offered, closed on a property which encompasses a large number of critical skills in this business, and 2) it seems to me that closing on the first deal forces you to “make it happen” or, in another way of saying, taking the property and generating profit.