It gets tricky, when investors buy an SFR, then put up a temporary wall and kitchen to rent as a duplex. 

Farmland has proved to provide 10%+ returns. 

What I will do instead is give you some advice, make sure to do interviews with as many as turnkey providers as you can before deciding to work with one.

You will not receive any good pointers on valuation in these forums based on the information that's being provided.

If anyone could provide some insight into where the best areas and zip codes to invest would be and also any referrals to boots on the ground would be amazing!

Is there a website that I can go to to get one or I should just contact a HML to provide me a POF? 

I saw a lot of people providing their deals there and they have several replies to buy the house.

Hello Patrick, there are a few things that need to be considered to turn this into active income such as length of average stay, hours you spend managing property and services you provide.

As for what I can provide, I've been strengthening my underwriting skills by analyzing deals on LoopNet, diving into metrics like NOI, cap rate, and the 1% rule.

The lending sources that will lend to LLcs  will be more likely to  provide a " purchase loan "  to a LLC  as  compared to doing a  cash out  refinance to a LLC .