Everyone else on your team will be transaction-based and not really involved after a purchase.We're in the Metro Detroit area, so you may want to follow our blog here on BP, but at least read the following posts:Follow our "Deep Dive" series we're doing about Metro Detroit cities and City of Detroit Neighborhoods: https://www.biggerpockets.com/...How to “Screen a PMC Better than a Tenant”: https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesIn our experience you will need to:1) Learn to "Maintain to the Neighborhood", not your personal standards2) Tenant-Proof everything you can Hard surface flooring, not carpeting (too easy to trash) Same basic paint for everything No garbage disposals for them to break Only spring-type doorstops also with plate on the wall Glue rubber mats under sinks to prevent water damage Sheet aluminum on walls around stovetops, for easy grease removal Towel racks - screw 1x3 to wall studs, then screw rack to that Install low-profile downspout ext, not aluminum that always disappear Plan on cleaning gutters and leaves up in the fall as tenants won't Avoid garage door openers3) Have a great application screening process: Check credit for evictions & convictions, utility collections Focus on employment/income stability Require bank or debit card statement - you'll be surprised what they spend their money on!

@John-Paul Rodgers On the surface the numbers look pretty good.

It’s on someone like myself now when I come across a post like yours to make sure that when a newbie reads the post and “congrats” from others, they are at least left with a desire to dig under the surface of the turnkey company name before contacting them.

He "skim-coated" and retextured every surface of the house in a week without hurting the hardwood floors.Alamo-Hytech - they were willing to come out and give foundation repair quotes during the due-diligence-period and get me quotes I can use during the negotiation.For my Converse Property:DC Restorations - they mainly do insurance work.

The attached bathroom has newly surfaced sink with luxurious styled oversized mirror complete with a rainfall shower head.

I'm really hoping to develop long-lasting professional relationships in order to establish myself as an international property investor.Thanks in advanceRyanHowzit Ryan, On the surface that 60% stands true although there is levels to this and many exceptions.

Then submit it to other investors, at least 3, to see if it's a good deal.That's straight to the point hitting all the surface level answers to your question.

That allows time for issues to surface and call back the contractor to get them sorted.

A majority of the public is quick to call a bubble just because on the surface they are seeing very high housing prices and slippery lending.

I don't know the projected operating expenses or potential appreciation, but it doesn't look like a screaming deal on the bare surface.