We've thought about subbing out to a proper "property management" company but we really don't need help collecting rent or expenses (this is all done electronically online) or even finding new Tenants on the odd occasion when we have an Apt turnover (we use Brokers for that) ...

Yours will be blank.

The surprise to the Seller of being expected to pay an "additional" 3% at closing won’t go over well, unless they are prepared in advance and understand why. its called a net sheet every MLS i have seen has one its a simple fill in the blank form .. my wife uses them on every deal and has forever.

I think we've all seen the DSCR rates swing up and down as well over the past two years, on several occasions, DSCR rates were beating conventional rates at par pricing by nearly 0.75% at higher leverages.  

It's a blank canvas. 

Vacancy will kill your cash flows so it's good to have savings just for such an occasion. 

Thanks much Jay.3+ years in the business our reputation is blossoming>In my opinion, this is very hard for a turnkey company as it's a very scarred industry.Has S#%@ hit the fan on many occasions?

Quote from @Michael Blank: We're on the lookout for new voices to join us on our podcast.

Not because of fraud/scam but because people sometimes quickly fill in the blanks and give information “to the best of their knowledge.” 

That can be done in a myriad of ways.If you are starting from a blank slate, you will be surprised how much it will set you back getting it right.We started from scratch with a 4/3 lake house.