It seems like the barrier to entry in Turnkey is fairly high.

There are cheaper entry points, the father you get from your area.. i think you will see the pattern if you look in different areas 

As of now I’ve been more focussed on entry strategies, vendor networking and retail sales than wholesale/wholetail exits, so it’s time to shift attention a little.

So limited entry into the trades.

Either way, talking to an RE attorney seems like a smart strategy.Here's another question, which I should have asked as part of my first query (and maybe should post it as a new forum entry): Can we get conventional financing with this "investment trust" and put down 20-25%?

And people gripe that there is such a "low barrier of entry" to being a licensed agent...

But not in Greater Phx (which includes all the big cities like Phx, Scottsdale, Glendale, Peoria, Chandler, Gilbert, Mesa, Tempe, Cave Creek, Carefree, Sun City, Ahwatukee and more).Our average cost of entry is $200K for single family dwellings. 

It fit most of our needs and location for now but I will be taking half the rent form the rental downstairs and placing it in a TFSA for our next downpayment .We are hoping to purchase a second property bungalow ( split entry separated into a duplex with shared laundry ) as a second cash flow property and rent out the AVR one we just bought in 2 - 3 years .Thx Jacob and Jeremy for your input into this thread , its always good to know various methods on how to get another down payment as quickly as possible for your next cash flow property . 

I live in Nashville, TN, but I am looking to invest in areas that have a lower entry price (especially on my first few deals). 

I also like that the point of entry can be easier some investment which is good.