If they fail to comply, you may need to involve legal counsel or contact your state’s real estate commission.Hire a Reliable Manager: Finding a professional, responsive property manager is key.

The real key item here is the equity.

It's a progression but the key is to take the smallest of incremental action each day and it will sum up to something incredible in years.

Clear communication on expectations is key—I'd definitely push them to split that $250 cost at the very least! 

@Cole DobbsIn addition, I may be able to help you and connect you with some key real estate investor players in the Houston, Texas market since I am an Investor myself that have done most of these real estate investing strategies and also an investor-broker who has helped over 400 investors like you. 

"reinvesting the full proceeds without financing or using leverage to enhance returns is key"So I cannot use it as a down payment for buying a place with financing?

Because as we know not every property will be turn key. 

I really do think these turn keys are a great option, especially for out of state investors. 

The key is, that you win more than you lose. 

Are there any key factors or metrics you look for when analyzing a neighborhood's potential?