Sounds like you might be dealing with a wholesaler. 

This time I am comfortable enough with the business to look at markets away from home, and I think the better yields, less expensive properties, and better market outlooks will be worth the money that a turnkey company will cost.I heard about Norada a lot back when I was more active in BP, and I remember thinking they sounded pretty good, but looking into them now, it sounds like they are not actually a turnkey company.

I’m no attorney but this looks sound.

. - If you are NOT buying the property as your primary residence (in this case, it sounds like it will be an out of state rental), you are looking at putting 20% - 25% down if you are going to use a conventional mortgage.

Year 1-3.We have 4 kids all older between the two of us.Our ultimate goal is retirement and generational wealth.Each kid will inherit one duplex and we want to teach them as much as possible.Does this sound like a good plan,Or am I missing anything?

Sounds Like 1 of 2 things here to me. 

It sounds like a promising opportunity, and I’d love to connect further to explore this.

With time as your main deployable resource right now though, take that time to learn as much as you can until you find a path that sounds both realistically achievable with your current resources, as well as something that sounds interesting to you.I'm always happy to connect with other investor folks around the Twin Cities, so feel free to shoot me a message on here if you want to chat directly! 

Hi @Brian Scott It sounds like once you move out you'll be cash flowing. 

Thank you for tip on estimating costs, I tried to estimate about 20% higher than what i could find for pricing online, just in case. but going of your 50% higher estimate on costs, it sounds like a good idea to have a little extra padding on the repairs.