Any recommendations for great Property Management outfits in the area that we should consider?  

mid west rentals from turn key companies that work the top end of the market are doing quite well. its these bottom barrel outfits with low end rentals that continue to cause investors financial harm

Spending 25-50k to outfit the basement legally just isn't in the cards for a few years.

Also on same topic is there a similar turnkey outfit in NJ?

This outfit needs to be put out of business.

Yep, there are definitely outfits that do that--you fund the rehab, have to wait for it, then wait for tenants, never mind the much increased risk in doing it that way--but there are plenty who do it how you want them to.

Send me over whom ever you have that might be a good outfit for this proposal if you do not mind.

The fact that you are trying to hide behinde a multi-member LLC and had to switch brokers until you found a small flat fee outfit that does not have a compliance department that really understands the legal implications should be a red flag to yourself.

Do you recommend going with a big company or with a smaller outfit to take care of the place?

I think folks that get disappointed with turn key are under the illusion that its like buying a mutual fund or something like that.when in fact what is done for you is simply this.1. a rehabber ( turn key outfit ) has sourced and rehabbed ( we hope) a rental property and sold it to you 2. they may have put a tenant in it 3. and they may own the management company ( wise move for most turn key as they keep better contact with their clients and over time this becomes  nice profit center) Once you own it you have to be engaged and stay engaged as the owner if you don't your going to usually have disappointment.. and if you as the buyer think just because you bought turn key that you need to hardly do anything for the rest of the life of the investment well then your setting your expectations up for some disappointment.