Only a few months and the turned is just going to be some basic cleaning, or has he been in there for quite a while and you're going to have to do a full turn and that may take you how ever long turns take you (lost rental income)?

Additionally, the contract requires that the deed be recorded in the borrower’s name once the contract is paid in full, but it’s silent as to whether we have to record when we purchase the seller’s interest in the contract.

Individuals wanting a Lifestyle change will be a greater market for your services than an Investor.  

They have given me a bit of their background, experience, and some previous deals the KP has completed a full cycle on.

Toledo pretty much offers the same, if you're set on that city connect with @Engelo Rumora Thanks for the plug mate,Hi Ken,We probably won't be able to assist as we offer turnkey and only to cash buyers.Our lowest entry point is $65,000 and that buys a 2 bedroom, 1 bathroom home that will rent for around $800pm.Plus, I'm pissed of with investors and lately and keeping all deals for myself heheI think you are on the right track with the 43607, 43612 and 43613 zip code.I encourage you to take a look at 43609 and select areas of 43610 and 43620.BRRR out of state is a recipe for disaster but since you are in Michigan, it isn't too bad I guess.Even being as close as you are and even if you lived in Toledo, I would always advise to get professional property management.An investors role is just that, to be an "investor".Elevate and delegate...Sure, you can probably manage 1,2 or 10 properties but that can eventually turn into a full time job.IMO, you should focus on scaling as in finding deals, raising capital, buying more properties, growing your portfolio, etc...And not dealing with tenants and toilets.Wishing you much success

The only guarantee in the Rental Business is to get First, Last and Full Security Deposit.

I'm currently a H1B visa (Temporary Worker) holder working full time in the states, trying to start my real estate investment.

Glass half empty or glass half full?  

Would like to try and expand our services but not sure what else is needed, because I know one of the main questions I hear other people asking is "are they licensed and insured/bonded"  - The state we are in is South Carolina. 

If you already manage your 4 properties, you can build on those systems you already have in place and offer your services to other landlords and investors.