For the crowdfunding and similar platforms that are starting to rise, would the lower returns be a result of the diversification they provide or due to the different risks they come with?

@Cyndi Lees the thing that catches my eye in your post is that it would require quite a bit of work to get it started as a rental.

If I were you, I would start this way, if you are new to real estate investing.

Right, @Karla Garcia but the trick in rehabbing is that you may think you know what needs to be done and how much it's going to cost until you start the process and then you knock down a wall and realize the whole house needs to be gutted!

In fact, you insisted that house was turnkey and that your "preferred" management company was suggesting unnecessary repairs (I did walk the house in person and they were 100% necessary).And yes, you did walk the property on a video chat with me, but what I found working with you is that I have to ask A LOT of questions because you are not forthcoming.

Depending on your states statutes and because they are on a month to month, give the proper notification that xxxx change will take affect starting 30,60,90 days from now. 

The numbers are in line with anyone who starts a business, it's like a 90% fail rate to be an entrepreneur.

Start with the end in mind --- what would be the investor's exit strategy for this home? 

@Benjamin Larabee I'm a longtime investor, and just started a new bookkeeping business.

If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.