What do your holding costs cover here -- HOA, taxes, utilities?

I guess my question is, do you think the lack of versatility is worth the knowledge and connections I would make when you consider my big picture goals? 

At our company we like our clients to be involved as much as they want to be with the expectation of trust in our expertise for certain operational factors.Also, if the turnkey company has well-established policies in place for leasing, resident on-boarding, standardization of renovation approach (replacing capex items first and foremost), and property management, then they could be a good option for investors.Also, look to see if they have warranties in place to cover the renovations they have completed on the property.

This way they get their asking price, a large chunk of cash to put down on a house, and they're new mortgage will most likely be covered by my payment.

Make sure you are familiar with your local laws, especially if this is an area that isn't covered in your lease.

Do you have already a good liability and umbrella insurance policy that will cover you fairly for a broad range of issue?

Today’s show covers that exact topic!

Does it cover the property owner or is he or she responsible for a separate policy that covers their tenants running an STR business in the property.

You won’t be able to find a duplex for one unit to cover the mortgage but could possibly have a scenario where you pay yourself an affordable rent.What part of town or parts of town could you live in?

That way you are covered and you will earn a lot of respect.