The FHA sets standards for construction and underwriting but does not lend money or plan or construct housing.

Standard acquisition fee is 2% of the purchase price paid at closing and asset management fee is 2% of the collected income (paid either before or after the preferred return - your choice).

But you'll also need the connection, education and tolerance to perform to my standards. 

all three are distinctly different in form and function.roofstock is more of a MLS type system highly automated representing civilian sellers by and large and some turn key companies will list their stock on Roofstock.. its pretty snazzy however after care is between you and the PM.Homeunion has some hybrid of turnkey marketing company in the same vane as Jason Hartman Maverick Norada etc.MI is what many consider the gold standard in turn key investing.. very deep experience in the space.. and control all aspects..

I am already licensed and insured as a contractor so that I can pull my own permits.

Are you also doing a title search with title insurance? 

Some people like to use debt to limit their liability while other like to eliminate debt as quickly as possible to insure as little money as possible gets paid out in interest.

Is anyone, especially sponsors who are doing syndications, familiar with D&O insurance & do you have a referral for a good insurance agent/broker who deals with these kinds of business insurance?

Overall, the mortgage, taxes, and insurance will add up to about $1850 a month. 3 bedrooms in the area are all above $2700/month.

As the new landlord I would pay to have my standard screening done on all the current tenants....I would pay the fees to do it.