To me that means the details are taken care of by the turnkey company, otherwise why wouldn't you just put your own team together on the ground there (agent, inspector, contractor, property mgr)???

PM me for contact details. 

I screen with my eyes (visuals mean a lot. 

Some details are missing from the whole story but based on the numbers that you provided she will be a renter for a long time. 

To start, I'm eyeing foreclosures and I have identified a couple attractive ones (in good school districts, right price point, etc) and I intend to try and get a walkthrough on those properties.

Example, we had an application that looked good, except for one detail.

@Dave Foster or @Bill Exeter can give more specific details.

The loan, OTOH, has no effect on the taxable gain.I would advise you to sit with an accountant or financial planner and go through the number in detail, with consideration of your other income, and discuss future goals.

This gets a little more complicated, feel free to contact me offline about more details.

That said, here are some details of my first deal:Location: Toledo OHType: Duplex (2/1 @ 2)Purchase Price: $49,000Appraised Value: $62,000Current Gross Rent: $1065Market Rent: $1,2501% Rule: 2.17%COC: 17.37%Financed w/ 25% DownThis is a long-term buy and hold.