First and foremost, thank you for your service.

Once you locate an area, dig into the average nightly rate, create a spreadsheet that calculates average occupancy (AirDNA can provide this) along with average nightly rate and begin plugging in properties & expenses in your target area to see if these align with your goals.

It is pretty straight forward - I would provide the sourcing, the loan vehicle (it would be my primary mortgage loan), and the property management while my sibling would bring the downpayment.

The utility provider never contacted me about it so I didn’t know until they got evicted.

I'd also highly recommend getting an appraisal or at least having your real estate agent provide a BPO prior to negotiating with any "investors". 

Boise Turnkey - IdahoJacksonville Wealth Builders - FloridaPinnacle Investment Properties - Indianapolis, Kansas CityI would be remiss if I didn't mention our company, but we are a turnkey provider across multiple markets as well.  

But I look at it the other way: be sure that your 100% recap is actually available and provides adequate cash flow to maintain the property going forward.

I see this section:"If the address of any record owner is not located in the county in which the dwelling islocated, the name and address of a person who resides in the county and is authorized toaccept notices from a tenant, to issue receipts for those notices and to accept service ofprocess on behalf of the out-of-county record owner(s) is as follows:"What am I supposed to do in this case?

If you don't mind providing some data for me to reference I'd appreciate it, but understand if you want to keep some or all personal--namely I'd be interested in approximate location, bd/ba count of your property and the rent % increase (or if you're comfortable sharing actual prices) implemented between your last tenant and current one. 

Lender provides a first position loan up to 75% of purchase price combined with seller financing not to exceed 90% CLTV.