I will go see it as soon as the contract is signed and before I spend any money.

Once you understand that then you can review servicing companies which there are many mentioned here on BP

My problem with Equity Trust & Quest IRA is when I Google'd them for reviews, they were horrible and I think that has turned me off from them.

Then, I will go and start working on some multi-family rentals.I know you are pumped to get going, but if you haven't taken time to really devour some of these books and really spend a good bit of time in the forums educating yourself, you really could be moving too quickly. 

I'm looking to buy a new construction rental property with Texas Turnkey Properties.  Looking to see if any other investors worked with them and how their experience went.  Any and all information is appreciated.

B-class properties are the safest place to be for cash flow without totally sacrificing appreciation potential and owner-occupant re-sale options.Lastly, if this $140k accounts for all his disposable assets, I would encourage him to not spend his last penny.

Are you saying that I should spend 20k on trying to find deals? 

And keep the rest of the cash for 1 more rental, our self, for emergency funds, and too spend some wisely ?

I just read another post where a new member of BiggerPockets asked the community if he should spend 15K on paying for a coach to teach him how to do multi family investing.

Review their management agreement.