This may be a small thing, but I didn't like the idea of being forced to volunteer 5x a year for the life of your loan without it being specified what volunteering or the duration of time you're expected to be there.

I do 1 year lease then go month to month for the duration.   

Paint the walls before the carpet is installed.Use appropriate vendors - Use handymen for most tasks to control costs and only bring in licensed contractors when necessary.Contracts - Document all details (start date, duration, paint brand and colors, materials, permits, etc.) in writing.

Is it a longer duration then a wood sided house?

I don't know if i am sold on the turnkey model yet, but certainly don't have a good enough sample size or duration to knowTHE UGLY - One of the most shocking facts that makes me nervous about the performing house was that it took almost $700 in late fees to get the return up to 9.5%. 

The final is an agreement page between myself (the owner) and the business giving the business responsibility of the property for the duration of the lease, signed by me, my wife, and any additional party designated specifically by us in writing to represent the business (meaning a 3rd party if i am on vacation).

Both of these numbers can be calculated for any duration, but generally you will want to look at monthly and annual numbers for each. 

If it involves work, patience, application of self over a duration of time, many many many small steps resulting in eventual big change, could be onto something good. 

Then you can fill the unit you wont be occupying with a tenant you've screened, have Your lease in place, have set the rent to what you want etc2 - Eviction cost, process, duration. 

This results in you being forced back onto the daily worker treadmill.Income PersistenceIncome persistence, or the duration of rental income, is dependent on jobs.