But I kinda love that sort of thing...I drove block-by-block around a dozen neighborhoods of interest and mapped out where I want to be lol.

What else should I be working on in the meantime prior to listing the lots for sale to get ready for this sort of transaction?

I started my OOS HML  career in Detroit and that was 2002 and WOW coming from our area what an education I got.. my clients that were doing turnkey at the time and all the buyers were out of state ( basically LA based) the local on the ground operator was very good he had all sorts of tricks to try to keep the houses safe.. the one i really liked was painting the copper pipes grey so thieves would not steal them..

That's why it sort of replace the need for a checking account.Every tool has it's function.

Selling for Quality lumber requires Sorting. 

For the security deposit, let them sort that out.

This is too important and also sort of a personal question depending on your state and specific circumstance and I suspect not a one size fits all answer would suffice. 

Read what they are posting to sort out who is experienced and who is not.Podcasts.

Again, you certainly don't have to verify it this way and to some extent that is why most invest with turnkey companies - it makes it easy and is a sort of one-stop-shop but I think your definition of doing your 'homework' may be different than my definition.

You might study up on this Atlanta business that is growing their business with private offerings (funding)   padsplit.comThey have a shades of gray solutoin for the unrelated adults, and rooming house zoning that is sort of working in the Atlanta area.