I don’t think that this would be feasible due to the value add or forced appreciation component of the BRRRR strategy through rehab being missing in the standard turnkey model. 

I'm in the middle of creating a business model, defining my business, and doing all the leg work to secure financing for it and what not. 

I too one day aspire to have a self sustaining business covering all aspects of my investing.

I have heard of this model being used as a risk management strategy (keep no money in the PM LLC and if you ever got sued over a PM issue hopefully your agreement between your LLCs shelters the Property Owning LLC (and the equity in the properties) from the burden of the lawsuit. 

It mostly depends on your goals which model you should join.I'll send you a PM.

It's a lot harder to make an argument that a house is worth peanuts when late-model shiny new stainless appliances figure prominently in the kitchen and laundry shots.The kind of people who end up appraising tend to share many similarities with mediocre real estate agents and failed flippers, and may be one or both.

Assuming we are talking single family, very limited exit strategies/investor pool (high-end rehab/flip, STR/airbnb, rent by room model). 

Hello Justin,A 15 unit apartment is too small for a commercial ALF operator and its not a "home" for the Residential model.  

Its up to you and what fits your business model and want your business to look like 

It can be done - similar to the ever-popular BRRRR model.