4) Poor Property Management - Where do you think a turnkey provider will put their best staff, on selling properties and making $5k+/transaction or on property management and making $80/month transactions?

Using conservative estimates on profit & and loss diagrams there's an increase in profit margin with substantially less time needed to achieve the estimated goals.This advantage is noticed immediately and allows each company to attribute much needed time towards building external business relationships and diversifying their income apart from the partnership.The partnership would be its own sector within each company which has its own staff and resources dedicated to performing all partnership tasks helping to keep external operations separate.

Move out inspections cost money (we pay professional 3rd party home inspectors), staff property visits, advertising, turnover and maintenance coordination expenses, etc. plus we risk having the owner decide to sell the property or cancel management so trust me when I say legit professional managers have a vested interest in keeping tenants in properties and paying forever. 

If you live in a city like where I do now, make your rental look better than the 35,000 other basic boxes run by DGAF staff, and guess what?  

They get a low ball offer, it goes to the trash, they may not even call the buyer's agent about rejecting the offer and just tell them days later after the buyer's agent calls to check on it.Some brokers are required by MLS or state law to retain copies of all offers for a certain period, that means your whimsical offer eats up staff time and admin expenses. 

If it's a larger organization, feel free to inquire about their staff qualifications.2.

If that makes you content and happy ...so be it...I'll support that.Like i stated I'm just starting and my end goal in Real Estate is Nationwide-Worldwide...so you better believe I'm screening twice;phone and face to face.

Let's not forget Clinton's commodities futures deregulation act of 2000, or the forced standardization/compliance to CRA, or the worldwide credit Bubble, etc....

Remember it is not just the price but also what you get; has the unit been remodeled in the past 10 (or more) years, is the property being maintained, etc.Also, depends on what kind of tenant you want to attract; the CW Students, Cleveland Clinic Staff, Voucher.

This proposed legislation will serve to shield community lenders with good track records from the “excessive” standards of large banks.Mark MacDougald, Chair for the CFPB, said this proposed legislation aims to assist small lenders, and not large banks, with the burdens of new compliance.MacDougald was quoted in the MPA Article,"While we all agree that consumers deserve protection from abusive products and practices, we remain deeply concerned that a 'one size fits all' approach will significantly disadvantage small, community-based lenders that did not create the meltdown, and don't have the resources to hire an additional staff to comply with rules aimed at larger institutions…" What is your opinion on this topic?