@Victoria CrumpI would cut my teeth in the Detroit Suburbs, get a feel for the area. 

We also have many clients using those same firms that have no problem whatsoever. 

Listings are always nice, but to hold out for just listings when getting started is hard to do since you are not cutting your teeth (getting experience) as mush as you would by representing buyers.

However, getting all that information was like pulling teeth.

I know the 25% CoC ROI seems to good to be true, that is why i would love some feedback.Units need little cosmetic work (paint, mowing the lawn, general landscaping, etc) but nothing appears major whatsoever (pending inspection if offered).

We bought our first with cash and it has small cash flow, but we are looking at more.In Texas I've read a lot of different guidelines ranging from you cannot use equity whatsoever, to you can only use primary homes for equity (but not for investments), to you have to wait a full year after buying a cash property to do a regular cash out refinance.Simply put, how can we use equity of a newly purchased investment property to buy more in texas as new investors that dont have the wealth or connections to get signature loans?

I give the recent comp no weight whatsoever until the deal closes.

If so,I find many of these turnkey operations demand full control of the deposits and contracts with the tenants with mentioning you in the rental agreements.Reason is most buyers of these turnkey properties just want a place to park there investment cash for steady returns over time like mutual funds and such.They are very busy business people and have no desire to be involved in the operating of the property and tenant issues.That is why it is desired if not demanded by the property management company not to have you hold any deposits or be involved with the tenants whatsoever.

Ready to sink my teeth into real estate markets and looking to expand my network in the Washington, D.C. area !

I’m speaking as a plumber and son of a plumber, but think of it as a landlord: what expectation do you have that your tenants will use no water whatsoever?