I'd take my wholesale fee on this and invest/ operate in my backyard.  

If you have multiple members, your operating agreement should address issues similar to this.  

I don't know a lot about their operation or their pricing but I have worked with a very good fix and flip investor that was one of their speakers, I've used some of their deal analysis tools and I attended a day of one of their seminars as the realtor who opened doors on the tour bus.The info they shared prior to our tour was good info, especially to someone that was new. 

He was a broker licensed in over 20 states, owned an Auction company, co-authored a real estate branding book, and operated a successful general contracting business.

Not identical but should be pretty analogous...I have my law firm incorporated and operating as an LLC.

I'm operating slightly outside that in Vallejo, Fairfield, and Vacaville 

We are considering a turnkey operation to help us find another property.  

Hi, @Jimmy Warr.When borrowing money, I always operate under the following two assumptions.1.

You may operate your rentals in a way that qualify you to be "in business" which then allows you to deduct expenses similar to other business owners.

There is no guarantee that the next tenants will be better or get along better.Examples:Operation, Maintenance, Storage, Alterations to Premises: On a continuing basis, tenant agrees to: Keep premises in a clean, neat, and sanitary condition; no parking, storage, or accumulation of debris on lawn or yard.Not store non-operating vehicles, nor boats, RV’s, motor cycles, trailers, firearms, equipment, tools, hazardous materials, liquids, paints, fuels/oils or chemicals on premises without landlord/agent approval; no waterbeds