Turnkey investing is very dependent on the market the companies are located, level of involvement desired, policies of the companies, pricing, warranties, and whether they have in-house property management. 

I have narrowed down my desired niche to small multi-family properties, close to a college as I have a lot of experiences dealing with college students.

Our goal is to help you find desirable properties that rent above median rates at a discount price that will cash flow while appreciating and drawing in good tenants who take care of the property while paying the overhead and paying down the debt service.As far as technology goes, there is tons of information available to us as investors.

I asked myself if I would be able to reinvest that money into a property that 1- was as desirable for a rental and 2. would cash flow as well or greater.

Finally, I'd just like to leave you with this, meet lots of people, do some informational interviews with real estate pro's (realtors, loan officers, etc) figure out your boundaries and exactly what you want, identify and work with people that align with those boundaries and desires, then go for it!  

I have no desire to be a slum lord, or treat tenants badly.

Every market is completely unique and the prices for materials, labor, permits, etc... will vary somewhat from place to place, so you're probably not going to get a really precise answer on this one, but I'll try to point you in the right direction.The number 1 rule is spend less than what you can sell for, while still having a marketable and desirable property that will generate a profit. 

Good points, also perhaps making it a win/win for the seller with desirable conditions, ie cash offer, closing date etc.

@Tiffany Milan,For me, the right time to start came when I met my partner and we realized we had an equal amount of desire and excitement for real estate.   

Experience in the HVAC worldThat being said, I was thinking about a company that seeks out building owners with a desire to connect them to solid building services companies: HVAC, roofing, energy retrofitters etc.My questions to you are:1.