This kept major maintenance to a minimum and some properties weren't touched for any repairs at all.

To put your large capital down payment at risk with little control doesn't make sense.At 17 out of 80 units you do not have majority share control of the development.

If you know a realtor you can ask them to look up where the majority of cash closing are happening.

And just for clarification, if you'll be using FHA financing for the $65k house then you won't be able to use FHA financing for the $150k house, unless you can show that you had a major change such as a job relocation, etc.

They do all of the online advertising on the major sites.

Welcome to BiggerPockets @Kaphan Edwards.When I found the site, I was at level 0 for sure :) BP has definitely played a major role in my development as an investor.Good luck on taking your business to the next level.

If I can build up a 10k reserve, I'm hoping to be covered on the major items, especially since it's a turnkey.

I would not trade shoes, however, with a good majority of people on this website (or in general for that matter) who landlord their own properties, pay all cash, work full-time flipping houses, and more importantly, those who aren't at least millionaires.

There is definitely a sense of relief knowing that, barring any major disasters, we won't be getting a call about any repairs on the houses for the next 10 months!

I personally have a few "turnkeys" with the majority of my holdings being pretty far from turnkey.