OP has an attorney and rather than picking up the phone he posts the scenario in an internet forum... huh?

I have 30+ properties, sales, purchases, multiple entities, different tax years, K-1's to send, k-1's received, W2 income, cap gains, cap losses, etc....To keep things simple I will give an example of the type of thing that has happened on two recent tax returns:1) It was an issue where an appraisal mattered. 

Tenants tend to stay in SFH's longer than apartment rentals, so I would assume 3-4 years, and turn over could be as simple as a wipe down and carpet cleaning if the PM is doing their job and screening tenants appropriately (although even great screening doesn't always guarantee great, clean tenants).  

When the market crashed, we relocated to so Cal, knowing it was always the first place to pick up and take off.

I kept it really simple. 

You can call one with a simple question and they will answer it.

Tone and style are tough to pick up via email.

It's simple and clean but at the same time has a lot of capability. 

As a new investor, I️ just wanted to know some of the factors that made you pick a property.

Many smart lawyers out there can help you protect your investment and pick the right entity.