In general, your returns will be directly correlated to how many Queen beds you have in the unit, how good the pictures are, and how many positive reviews are there.I handed mine over to a management company and I’m expecting to probably my market rent + ~10%.

Some people want strictly hands-off and are fine with less return in exchange for doing nothing.

Lastly, our lawyer is pushing us to use a bank loan so that we can purchase in an LLC, rather than buying it in our own name to get a 30 year fixed and transferring to LLC later.

From talking to a handful of lenders, I've heard 15% downpayment for duplexes minimum and 25% for triplexes and quads.  

not too long ago and no one lent a helping hand.

I'm a licensed GC here and can be somewhat hands on down there.

Perplexed that a service provider to whom I'm willing to hand over my business decides to drag their feet. 

I'd take whatever money they are willing to give you (accepting partial payments in ME is fine) and then hand them a 30 day notice.

I bring the deal (wholesale or foreclosure), pay 100% for property, material that goes into rehab, His portion is only labor.I basically hand over the keys to him and get it back when we list.I pay for selling and closing costs both on buying (if needed).I will be a remote investor

Any other collector such as Nelnet or Fannie may won’t count, so you have to transfer them to fed loan serving.