Because they have to select EACH of your units for the program (not just your account) and there's no one there that can override this apparently computer generated selection criteria (trust me I've "let me speak to your managered" the hell out of this and gotten nowhere).Another thing that I don't like about Booking is that Ive got to remit taxes on my own.

We have no control of the condition of your property, if the value will appraise at where you feel it will appraise at, selecting specific appraisers, making sure the title to your property is free of any liens/judgements, what the title company will charge you, how much the AMC will charge you for an appraisal, what your property taxes will be, how much your insurance will cost you, and the list goes on.. 

An out of state turnkey option would be easy to do in parallel with this since a true turnkey option should not take much, if any effort other than selecting the right team in a market that can help you reach your goals. 

Once you sign a contract of intent, they give you a portal to select from notes, and you can choose from partial notes, subordinated notes, whole notes, and protected notes.

Can some of your concerns be mitigated (locally) through things like strong tenant vetting and property class selection?

As for the zip code you mentioned, some of the areas in there are nice due to steady rental demand, you just want to be very careful on the neighborhoods you select as some areas will be better than others.

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

Local references are invaluable because those lenders have proven themselves in your market.Work with Reputable Companies: Some well-known DSCR lenders with a solid reputation include Lima One Capital, LendingOne, Kiavi, RCN Capital, Visio Lending, and Easy Street Capital.

Not sure if I'm doing something wrong but the map here used to shaded in terms of the filter selected (i.e.

In short, there are select cases where an experienced investor with a strong network can turn deals with low cash, but someone trying to get started with $10k-$20k is going to have a very hard time.