All will be delivered vacant, apparently I missed the piece in my offer that allows the seller to stay in the unit up to 7 days after closing... 

I was honestly shocked and horrified when you didn't just say something like "Yeah, Scott, I own the frigging building - I raised the capital, formed the entity, am responsible for operations, and plan to deliver the best investor experience (and great returns) that I am capable of for the investors who I've partnered with."

In fact, lunch is delivered to them."

If you’d been holding around $620K from a 2019 sale and directed it toward a few properties like that.. especially if you leveraged financing.. you might’ve grown your portfolio’s total value well beyond what many Los Angeles holdings would have delivered over the same period.Then again, L.A. still has that unique mix of robust demand and limited supply.. from what I’ve heard, you can see impressive long-term gains there if you’re comfortble navigating tenant protections.

Comparing what was promised to what was delivered lacks context. 

Because I retired a few years earlier, I don't have a huge runway to recoup after big mistakes but I need reliable investment vehicles, that can still deliver a decent return within a 3-5 yr. window with surety and consistency. 

A broker who can also deliver a reputable management company (themselves or an independent company) willing to take over management at closing is a real plus for any residential rental investment. 

Specifically:The $100K limit makes no sense, unless she has a process and data showing the sub 100k properties have been the best investments in that market.Section 8 is problematic.Over the past 16+ years, we've delivered more than 550 investment properties and provide comprehensive services.

2) What percentage is their track record of delivering what they promise to deliver?

. —- Again I’m not saying you have to do these things; it all depends what type of investor you are and what you are looking for however it is important to understand that if you shift the responsibility of either identifying the invest property or managing or any other aspect there WILL be a trade off — in this case the turnkey company has delivered on your goal of 8-9% ROI (projected... so TBC) and in return you have traded some of the other benefits of investing in RE for the convenience of not having to do much more than to look over the properties they have sent you and funding it from the comfort of your home, office, etc. ... again if this is the goal then you are on point but if the goal is to also partake in ALL of the other benefits of RE then you should understand that and not be surprised that it’s not a ‘stellar’ investment that checks all the boxes.