We are open to investing locally however living in Orange County CA, I don't know if that is possible?  

Open to connect further if interested!

Do you know if there is a service, monthly or annual fee for opening one of these accounts? 

I am the real estate professional and I worked with hard money lender This sounds like the exact same strategy a client of mind uses in Kansas City!

Long term goals in mind that I need a track record and capital for! 

Many of the folks I worked with back during the dawn of the internet business era have moved on, so this is a learning curve, but I’m embracing it.Partnerships are something I’m open to, whether it’s working on your projects or collaborating on future deals.

Keep in mind though along with rehab the turnkey operator is paying all the holding costs generally most if not all turnkey companies use HML loans for their inventory ( thats my Job) and paying taxs insurance utls etc.. so you need to add 10 to 15 on top of the all in for holding costs..

It is my understanding that the LLC and DSCR loan being in the LLC still protect us if we were to get into any type of litigation with renters but wanted to open it up and see if there are any watch outs I am not aware of?

Land is only good if you have a warchest to immediately turn it from dirt to cashflow or sale so keep this in mind when you're going forward.

As many of you can probably relate, this book opened my eyes to the power of the dollar, and it got me interested in real-estate.