. $500 does sound like a lot but the high cost is due to the liability being undertaken by the management company, not the work that it takes to create the resale package.  

In Illinois many attorney's charge under $200.00There are websites out there that sell LLCs and have something like a Bronze, Gold and Platinum package.

Hi JarenIf you put property in your own name, thereby owning property without the liability protection of a separate entity, it would be prudent for you to get liability coverage along with your property insurance package.

They have different packages.

They can shop multiple companies and find a package that meets your needs. 

Just because meeting minutes aren't included in the resale package doesn't mean that it's necessarily a bad sign.  

Lender says, "Short sale package".

Hi  all -I am a relatively new landlord who currently owns two rentals.  I'm off to a good start with these rentals--I ran background checks on my tenants, collected a full month's security deposit, setup online bill ...

Once I get 10-20 properties stabilized I will refinance them to long(er) term commercial financing (as a package), I usually have 1 or 2 package refinances in process at all times.Best method ever.

Given that, turnkey is a good way to start with management packaged for you.