That is an interesting perspective. 

I ask because I am about to sign on with a PM and I want to make it as smooth as possible, without checks and cash being sent back and forth so much, but just wanted to gather a PM perspective on how to handle that. 

So, perhaps you can tell us from a legal perspective whether the term "executed contract" is ambiguous or whether it legally means one or the other?

I couldn't see the roof as it was flat, but it was not indicated as having been replaced.The property is lacking privacy fencing and is covered by trees that are in need of some major trimming or removal ($10k+ to remove the big guys).I'm planning to owner occupy this property for at least a year, but for investment purposes, I'm looking at it from the perspective of me not living in it (I think this is fair).I expect I can rent each unit out for $875.

To put things in perspective, properties were trading for a 20% premium between Jan and April 2012.

How much would this change your perspective.

From a legal liability protection perspective, what difference does it make if I purchase the property with my name first and later transfer it to a LLC?

Very helpful to get all of your perspectives, I really appreciate you putting in the time to give me your opinions.

If you have a history of keeping up your occupancy certificates, paperwork tends to breeze through the red tape.From a finance perspective it works the same way as a SFH or duplex.

My past experience, good and bad, has defined what turnkey investing should be for me, both from a provider’s perspective as well as an investor’s. 4) What advice do you have for those interested in turnkey investing?