This option may not be ideal if cash flow would be so very small, or difficult to find cash flow property due to high interest, because if there it isn’t cash flow property loan won’t be approved. 

Ideally completing light renovations like this shouldn't take long and you should  have a low holding cost on the hard money loan (if you used debt) and make a higher profit on the sale or have more flexibility on the payoff when you refinance  Plan on long-term and hold.

Real Estate CRM software stores organized data about leads and customers, such as personal information, communication, and purchase history.

Keep in mind turnkey companies do get bulk discount from their subcontractors and vendors, some company pocket the discount for themselves, some company pass onto the discount to their customers and offer a great price.

What is the most pain free (and, ideally, tax-free) way to accomplish this?

As a custom builder for decades, I dealt with this way more than once, especially with new subs that had not worked for me before.Back in the old days we used to just go with a verbal ok, but in the last 20 years or so, it is imperative to have a written CO (even an email sent from the jobsite) from the Sub and then I would add 20-25% and submit a CO of my own to the customer.

Class B - Class C, anywhere in GA would be ideal but open to anywhere to invest.

It is an ideal location (close to downtown, med center, U of H) and there are many upgrades throughout the home.

I'm hoping they get a good director in place who wants to serve their customers (tenants who need safe houszing) and their vendors supplying that need (landlords) and operate an efficient and successful program serving our community. 

I recommend hiring either a PM or even a listing agent who you pay a half a month to a month of rent to get the unit rented.Just so you are aware, these tenants are your customers hence if you make the application process challenging and tedious at the very forefront of the process, most people don't got time for that.