@Jared Forman Not to get involved with politics but anyone who has a nickel to loose in NYC is pissed at the Mayor. 

I would not just turn them loose with your properties.

I wasn't, because the list was ridiculous with stuff like screwing in a loose outlet and having a licensed electrician verify that repair, or having a licensed plumber look at the garbage disposal to ensure it's sealed.

So out of pure embarrassment I started to learn what it meant to run a real estate business.These thing are the best things I learned. 1) I'm doing this to improve my life and the lives of others2) These people are my clients not my family or my friends3) If I don't quit loosing money get out and leave it to others.4) This is way too easy to be hard.My first situation was rent collection. driving hours every month to collect rent, sometime 2 and 3 times just to find no one home.

You do loose a little cash flow when you get a new mortgage, but the hope is you can pull enough money out to repeat the process.

Looking for advice so I don't ever have to loose the money for "acquiring" the property again.

Just want to protect yourself from loosing money.

One thing I keep running into is how loosely the Turnkey definition seems to be used from provider to provider.

I started in building multi-unit in the 90's and the tricks and tips from back then that helped give better efficiency and cost's are now absolute must do's to not loose ones shirt, that's the first key aspect of a good building partner, a master of logistics, MASTER.

Reminds me of buffets rule #1 "don't loose money" What do you guys think??