In terms of your financing question, the majority of loans we do are in that $1m to $5m range, so that's not an issue at all (fake numbers wasting everyone's time would of course be an issue, but let's stipulate that it's solved).

Thanks A lot has been written on BP about R2R and everything looks solid.I'm a big believer in sticking with 1 market until you build a large enough portfolio and diversification is justified.Like with many investments and not just turnkey, it's important to build a large portfolio.The time and associated risk isn't worth buying 1 or 2 properties if you expect a significant impact on your bottom line monthly cashflow.Most turnkey properties are sold at fair market value or slightly above.Nothing wrong with this as long as property management is solid and does their job with integrity.Buying turnkey you won't have built in equity so no growth can be manufactured and you will have to wait for the market to grow to see an equity gain.Thus, IMO it's important to have mindset where you endeavor to build a large enough portfolio so the monthly cashflow makes sense and the portfolio becomes safer.Much success

For my houses, I run about $75/month for capex in my model, which is usually around 6 to 7% of gross rent (usually in the $1200-1300 range in my area).

And it also has a manufactured home and a small studio apartment on the property. 

residential either stabilised properties or fixup for their own price range 1-4 properties

We make sure the airbnb guest codes don't go live until our exact check-in time each day unless the guests specifically request an early check-in - this makes sure our guests don't try to get in early before the apartment is ready.My only knock on the locks is that their wifi range isn't super robust, especially if the wifi signal has to travel vertically between floors to get from the router to the lock. 

Also, who is to say you can't find a steadily appreciating multifamily in your area to buy and then use that income to help you move out to the front range and begin your real estate education out here?   

Tech and manufacturing job growth is spurring a shortage that is continuing to drive rents and prices up. 

If no U.S. credit score, a lender will assign a mid range one-I've seen programs assign a 680.

There are DSCR lenders that do not use a market rent 1007 and will use rent range to determine the rents.