A wise investor will not try to get rich quick with shortcuts.

So they are financially misaligned on long-term performance (and I think this is why there are so many people who have had bad turnkey experiences) And, as someone who has done lots of rehabs directly myself, I have seen hundreds of ways that turnkey operator could take shortcuts (to the detriment of the investor but beneficial to their bottom line) which investor could never detect (or not until years later when it's too late).

If you invest haphazardly, there are a thousand things that can go wrong.

A wise investor will not try to get rich quick with shortcuts.

My failure rate is about 5% if I have interviewed a tenant (even on the phone) and 50% if I have shortcut that.- There is NO good reason someone needs to be in a house next-day. 

There are other determinations, like the majority of your time and working income, as the IRS might see it, that will put you in the light as an agent for others/public.As Karen mentioned, there are alot of managers and even agents that are not in strict compliance, for many reasons, not knowing or simply taking short cuts.

With flood waters you cannot take short cuts otherwise I'd argue that investor would be doing something immoral and almost criminal.

Stop looking for shortcuts.

A lot of it is legal training, though, so that may be why you can get a shortcut as an attorney. 

Save for a larger down payment while you work on building your credit score up.Anyone telling you there is a shortcut is probably trying to sell you a book or some coaching.