@Kevin Collins I apologize; my response came out a little rough around the edges and I assume that you certainly have done your homework prior too.... but that is a bit of my point... nothing will change when you go and work with a realtor and find investment properties yourself... figuring out what the property is worth IS PART OF THE ANALYSIS (if that's important to you) and because of this it is no different than other than you should now be verifying what the realtor will tell you it's worth as opposed to what the turnkey is telling you. 

You can buy a house that need lots of work that's another way, do as much work as possible be the project manager how ever you can help to save money .BIG pockets can jump in on a MLS ride it out .

Hey Santosh,As of right now you're extremely exposed regarding insurance and I'm going to assume legally as well.If the home isn't registered as a legal multi-family with the town that's something you'll have to correct ASAP and make sure the home is up to code.Insurance wise as soon as they find out what you're doing they'll cancel you as the risk has changed from a single family owner occupied home to a multi family owner occupied home.

Every time I change cleaners, I spend at least 3-5 hours retraining on my processes and expectations and even then things are missed.

Quote from @Steven Barr: Has anybody ever purchased foreclosure land from the courthouse to build on?

I personally have not experienced any government change that has ruined a deal for me.But fear not!

Make sure any renovations comply with local regulations and obtain the necessary permits if plumbing changes are involved.

You just can’t successfully operate in the real estate industry unless you master these concepts.  

Screen them as you normally would - does their income substantiate their portion of the rent +/- a little for changes in what the housing authority will pay out?

With rates high, I don't see much changing in the market as buyers struggle to afford a mortgage.