As you are partnering with your sister, have a legal document drawn up as to what happens if one of you wants to sell and the other doesn't, how expenses will be split along with money you are putting down, borrowing, profits, etc. 

They don't want the company to be potentially liable if an owner doesn't follow through with the inspections and repairs.After the GFC, we needed the capital investment or they would have had to tear down more houses than the thousands that they already have.

The license doesn't cost more, the service and quality does.And a note on that cost, in my experience hiring contractors, only a small percentage of the cost savings was due to finding the right guy who is willing to work for less.

So if you had 20 of them, you're talking about a huge retirement kicker that you can build.If you're up there higher in age (i.e. 40's or 50's), then the long play doesn't make as much sense. 

My business has access to AppFolio, but it doesn't seem to communicate with the STR side of things. 

One of the turn key companies that I found through bigger pockets doesn't have properties available in the areas that this new company I working with could potentially set me up for.

I'm in it for the long haul so if it doesn't work on a small scale, it won't work on a large scale. 

Am I prepared to hold properties longer if market conditions change or if a flip doesn’t sell as quickly as anticipated?

Our end goal is to be in a position where we can be very selective and choose the clients and properties we work with so that doesn't happen.

I love creative financing, who doesn't?