IF the turnkey provider also has a PM company, then the residual income in management fees is one revenue source.One thing I have found from some turnkey providers (I don't say all because I haven't talked to all obviously) is that they buy properties for what could be pennies on the dollar, pour money into rehabbing, and then sell at a premium...so they're fix-and-flippers.

**VA loans can go above 49% as long as they meet residual income req's**Current interest rate (which are not great at the moment) ≈ 5.75%30 year fixed. 

The residuary beneficiary is typically named in the paragraph in the will that says something along the lines of “I give all the rest, residue and remainder of my estate of whatsoever kind and wheresoever to…”(c) if there is no eligible person entitled to letters under subparagraphs (a) and (b) of this subdivision who will accept, the court may issue letters to one or more of the persons interested in the estate or, if any be dead, to his fiduciary.– any other beneficiary named in the will or a creditor of the estate can petition for Administration CTA letters.

Residual IMO is better for long term wealthGood Luck 

Whether I choose to do it as vacation rental or a long-term lease, it is residual income and it is pretty rad...I feel really lucky and grateful!

The ones that are too much drama you won't need to work with them as your residual income from investments will provide steady cash flow.

.$4100 for  rent and chaild care on tax home of  alittle of  6K  doesnt  provide much residual income per month ...if you make it work - great and  good luck

, the flip side of this is that when my wife and I moved out of our first apartment the management company kept our entire security deposit because we forgot to clean out the oven (which we only realized on the move out walkthrough, so no chance to remedy) and on our second place the same thing again, this time because there was cleaner residue on the bathroom mirror, which was not brought to our attention during the walkthrough ("the place looked great!")

You do what you can to LIMIT your exposure to that risk, via identifying and controlling those risks, but there will ALWAYS be some residual risk that you're taking on - with ANY investment. 

You'll also have some additional rent money in the IRA, my guess is you have a residual 20-25% value that you'd otherwise pay Uncle Sam just taking the hit today...