Be prepared for changes...when I left corporate, with bonus and commissions I have high 6 & 7-figures....my 1st year in HandyANDY I made $10,000!  

Big bonus if the investors grew up here, live or work here, etc, but I think the most important aspect is the desire to make conscientious and responsible choices in their investments, and a commitment to helping the neighborhood grow.

The reason I was leaning more towards a duplex-4 plex is because I would need to get a VA loan for the 0 down bonus, and since I don't have BAH- I wouldn't be able to live in an SFH for an entire year unless I was collecting rent on it. 

Also, as a bonus I had the pleasure of evicting the broker!!

If you can see an opportunity to add a legal bedroom, that always a bonus that isn't too much work typically and adds a good amount of value.

The secondary market is an added bonus for those that want to start right away and/or don't have the time to get going, etc., etc.. 

Asset managers want that property off the books ASAP (I have heard this is a factor in performance reviews and bonuses).

I think you will find that this is an excellent market to make money in with the added bonus of not having to invest large amounts in each house.  

@Curt Davis  I agree with your premise on running the numbers... if investors are buying in these markets that are well known for stable pricing IE not much if any real appreciation .." you should not expect it and it should only be a bonus "  we hear that time and again someone must have coined it and so these investor repeat it LOL... but if that's the case then building a ROI porforma and throwing in any kind of appreciation is not going to be accurate.. the only real appreciation that I have seen in the 7 markets I personally work in is on the wholesale side were you guys picked up houses for 20 to 25k before rehab.. now they are 25 to 35k.. and that generally has not translated to any benefit for the long term buy and holder.. they will always be competing against the very organized sales outfits like you guys.. so there is no way they can sell a home for more than what ever you or MI or any other turn key company is selling it for your all fishing out of the same barrel.what the turn key buyer wants to keep in mind is just like our thought process out here on the west coast were break even or even a little negative is just fine and dandy.. your tenant is paying your house off your real profit or gain is when your properties are paid for and someone else has paid for it.. to me any spendable cash flow on a rental is TOTAL gravy and over a long hold period you pump a lot of that back into the home as turnover and cap ex on rentals is far more than any proformas .So in my mind Turn key  for the WHY mid west has  that @Joel Owens is wondering about.1. simply the new starter property choice for those priced out of their own markets this is the number one driver.. 2.

I choose to look at it as an added bonus that a landlord gets the opportunity to pick and choose his customer with a considerable amount of detail and to his/her benefit :)