However, the lack of cash flow, CapEx and PM are a concern to me.Good luck -  Hope the deal works out for you.

Turn key is an option, and probably easier; however, were leaning more towards using the BRRRR method and David Green approach to investing from afar.

I'm concerned that it's a scammer posing as a legit company.

The thing that I am concerned about is that my friend said that I would have to jack the center beam of the house up, put in new footers and 5 new FHA posts to support the house because of the settling. 

Which method do all of you use and why?

I will not waste my time on an open house with curious neighbors, bored realtors and competing landlords.I am not afraid to adjust my asking price if I am concerned about losing out on a month's rent.I never follow up with a tenant- I don't want to shoe horn someone into one of my units and I don't adjust my standards, practices and rules.I have nice places, but even still- when a potential tenant shows up and they have to wait to be shown the unit because of others in line, it does something magical.Best of luck.

So my business partner and I started working on it and had some friends come over thinking it would get done faster, but they didn’t have any skin in the game so the care and concern painting, flooring, etc they had wasn’t the same as ours.

.- The ROI on house hack reno is 100% (will recoup all costs within the first year)- Concerned that this semi-split set up  may not be very appealing to future renters once I move out in 5-6yrs and rent it out- It looks fine cosmetically but closing off these levels makes the house feel somewhat less open.- Located in suburban area.Tearing down two walls and removing the upstairs w/d would not be very expensive so if it would be worth it to do this prior to moving out, it is something I would consider.

I would also recommend finding a specific strategy/method to your investing.

One of my main concerns is that there is no A/C.