You do not need a turnkey company - - I just don't understand why there's the gross assumption that a turnkey investment defacto means buying via a TK company.In fact in 1997 when we picked up our mfu 6 units WE CREATED the turnkey investment - - how,  by insisting we inherited the existing tenants :)   We got the existing NOI and we were off to the races!

@Kenneth Guin, I would have thought that sub2 is the DEFAULT position when buying property, meaning that it is always understood that any pre-existing mortgage would be paid out by the Seller upon closing.

I don't mind calling existing landlords and asking questions and letting them know I'm a prospective competitor.

It sounds like you have a poor screening process, if one even exists.

Is there a map that identifies all zoning for existing apartments in my area?  

I think we have a few years before the next down swing.Multi family stuff is nuts, I stopped looking at pre existing ones the prices are just silly.

Building a team Depends on everything you guys are trying to accomplish..I will  start simple A game Plan Goals Exist strategies Good Legal Expert ( lawyer ) Real Estate Agent ( find deals ) Inspector Property management ( if  you plan on holding or making rental Properties)Wholesalers ( they will bring you properties )Handy Men Contractors ( you guys might not do it all ) Private lenders/ Hard Money

Further, here's what uDirect answered: "You are not able to use an existing LLC.

What you are looking for does not exist.

However, if the numbers are on the tighter side then forcing the repair might be a good option to use and still close the deal.I would assume that if you were able to get responses from a number of others on the site they would probably say things like I am going to list here.1) Problems can seem small and simple at first but grow larger in a hurry - it happens.2) Depending on the type of shower/tub installed in the above unit it may be more than a simple fix and get into much more money than you think - you won't know until you open the ceiling for sure.3) After the plumbing repair you could be looking at mold potentially in the joist spacing area between units.4) Depending on the length of time the issue has existed and been patched to get by you may also have damage to the wood - joists between units and or sub floor issues under the upper unit tub/shower.5) If there is insulation between the two units, you may have soaked and degraded insulation that needs to be replaced as well - good news is that rock and insul are cheap to replace.6) OR......... you may have someone open it up to fix it and its just a simple plumbing issue and is a quick and easy fix - totally possible too.Just as an illustration, I went to replace a bath faucet for an accountant friend of mine yesterday.