Best part of this situation is our client's usually come out ahead because we find a quality tenant swiftly! 

Like @Tyler Tapley mentioned turnkey can be risky, it's a marketing term nowadays so I would definitely dig deeper into who it is you're investing with and what type of areas they will put you in, I would go as far to say go out and visit them before investing so you can get a better feel of who they are, where it is they invest and the types of renovations they do. 

I haven't been expanding my business with LMHA since the end of 2016 per my posts above so I don't know exactly what changed, but I expect the outsourcing of inspections to private industry + some executive level leadership + replacement of staff with new faces excited to serve the needs of HUD/Landlords/Those In Need has resulted in an agency I will develop more business with.The HCVP will always be a double edged sword for landlords (See Section 8 Bible discussion) but for now I have discovered it is finally worth the effort to participate in the program.I specialize in Toledo's transition neighborhoods, discounted houses on the edge of nicer areas but also on the edge of trash...the Section 8 program allows me to get long-term tenants who are a good business model provided they are consistently managed and visited/inspected for additional "visitors" (relatives and random dogs/cats) and damage/housekeeping which can destroy a home if left unchecked.You need to know the rules, repair and renovate for long-term durability, prepare for inspections thoroughly and keep a team of contractors who will hold those standards...after 8 years we have been through a hundred inspections.

Mixing MTRs and STRs can be a great strategy, but it does take some juggling.Switching to STRs in the summer is totally doable—you just need to plan ahead.

Planning ahead for your move to Rapid City and setting up a network is a smart approach, especially since you’re already experienced with properties in NC and Las Vegas.

It really depends on your specific situation.It's good you're thinking about the operational and bookkeeping component for your financial account structure to make things easier on yourself and any financial team members you have or may have in the future.You're ahead of the curve!

Even if they took 30% you’d be way ahead of zero income.

It allows you to stay organized and be steps ahead of where you would be without a system like this. 

With 16yrs ahead of us, they already been lied to /stolen/manipulated from but they will never brag to you about their failures. and that is why you believe doctors make the worst investors.

Or maybe they are not even interested in new businesses, since both of them have jobs lined up months ahead.