Spoke to a local real estate agent and some others and so far everyone says that it would be a huge headache (legalities etc) and would cost a ton up front. 

Have you ever needed quick funding for a real estate deal?

@Ming Li HerreraRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Also they'd preferably also do business in multi family real estate (duplex, four plex.Have you worked with a great Turnkey company that you would highly recommend?

Get a good real estate agent.

All houses right now are mortgaged through my name/social, but deeded over to real estate trusts.

I'm passionately dedicated to the construction industry & commercial real estate as well.

Looking for some advice on our plan to get started with our real estate biz.

What I love about flipping real estate is the problem solving and making a home beautiful again.

Jaime The cost approach (land value + depreciated cost of improvements) is typically the least reliable indicator of value.