that's awesome @Tieirra Singleton I love those areas for real estate investing - there is so much potential for cash flow + equity build up.

A good PM is efficient with solid policies in place that enable them to act quickly and prevent things from getting out of hand.Legal Compliance & Risk Management: A good PM knows the law and protects you by obeying it.

Be sure to factor in property management costs, repairs, and potential vacancy periods.

I would like to connect with anyone that has invested in this fund or who is potentially considering investing in this fund.

We might be naive, but we don't see huge risks.  

It is difficult to schedule a time for the Potential tenant and the current tenant and often is after hours.

So, an IRR rarely gets taken into account during due diligence, although like most real estate transactions, the exit has the highest potential for return.I'd love to know some average numbers for a turn key.

You can consider and explore other low- and no-money-down strategies, such as seller financing and sub-to, but these come with risks and can be pretty nuanced.

But your entity doesn't own that rental property; so reporting it on a partnership tax return can potentially create issues as well. 

there is a risk that you will die or be involved in an accident every time you drive a car.