My bank doesn't seem to know and they are just offering that I open up a separate account.  

The property is also on the smaller side and has street parking which is typical for Philly but shows that the property doesn’t have to be anything special.

If you are seeking a company you need to make 110% sure they have the best systems in place and the way they are structured doesn't have any loopholes. 

I really like the all aspects of it as an investor with property managers for my properties, and it doesn't hurt that it's free since I'm not that big.

Appliances supplied mean better rents and a higher quality tenant.The location of the rental and the type of tenant you want will dictate what you supply.Finding a good supplier of new appliances will get your cost down to the point that used doesn't make sense.

Quote from @Andrew Syrios: Quote from @Jay Hinrichs: Quote from @Andrew Syrios: Rates change all the times, but if you had a rate lock, that really doesn't make any sense to me.

He doesn't really seem to know the process for investment properties.

I met and talked with at least 4-5 turnkey investors where they bought a property from someone else with a tenant and try to sell it to me, doesn't know the condition of the house at all, and had all sorts of the third party and didn't do everything themselves.

Remember this: the answer is ALWAYS no when you ask.Having said that, I've been able to get several seller finance deals.You need to have a motivated seller who doesn't need the money at sale.

But 40k in revenue for a 515k house doesn't seem like the best area for str.