Or you can move to larger commercial properties with your excess cash as a down payment.

If you haven't fixed the reason why you are in excessive debt with cards.

As an executive in healthcare earning an income well in excess of six figures from my job plus REI experience is in dispensable.

The excess, if any, goes to the borrower.The one time I did have a default, we thought we had a strong value position.

Since the relative percentage of capital contribution to your common LLC must remain constant amongst the members, be sure everyone contributes enough excess capital to hold as a healthy reserve in the LLC.

Is there an excessive amount of investors in this area too? 

I have talked to several companies and there costs are pretty high to set you up, yearly fees based on your balance, excess funding, etc..  

Thus my question about turnkey - Not as an investor, but as a seller/manager of the properties.I have been looking at these various models that companies seem to be using, and it is hard for me to grasp offering "A fantastic 8% ROI" with really sketchy numbers and alot of problems that can arise with run-of-the mill rental properties.Granted it's not something I'm running after wholeheartedly, but in the end my appetite for rentals in this area is alot higher than anyone around, so I'm trying to come up with unique funding options, even if it means selling a few to fund more. 

I agree with Chris - put in all the numbers, save for all expenses, be conservative, and expect to SAVE (not use) all of your excess cash flow.

Can I charge her for having to patch and re-paint due to the damage caused by the excessive amount of holes in the wall?