Turnkey has a tendency to overcharge or worse yet lie about the state of the properties since they know the investors wont come to the property.

I am looking for insight to the mind of an active real estate investor, someone who has used this method and has a pros and cons list, or maybe a couple tips of things they wish they would have paid more attention to the first time around. ( I understand that the CARES act is knew so their wont be any specific examples from this, but perhaps similar experiences to share)Thanks for the help!

Nothing will go against your dti since you wont be carrying any debt

Plus some sanding sponges and a dust mask, and a shop vac with a drywall bag inside it (otherwise you will destroy your shop vac with dust). 

But I know that $10k wont do much here.

You end up spending so much on cap/ex and management fees it destroys the cash flow. 

Also, being in a different market with multiple properties would allow you to diversify a little more to allow more safety in number if a vacancy happens, squatter, repairs if someone destroys it.

If your credit has been destroyed I’d work the short sale or deed in lieu.

property manager is not the answer. eventually if the tenant is not paying the property manager wont make them. the issue will come back to the property owner. being a small time property owner I prefer not to have any property manager.

I will be repeating this with a new property every year so it wont be a one time event.