They then withhold a portion of the funds and release them to me as the renovations are completed or upon the completion and rental of the unit depending on how extensive the renovations are.  

I own 6 out of state rentals, though I opted to not use turnkey after some rather extensive research. 

For instance, they all things being equal, but one 'bad' tenant is damaging the unit.

For instance if I input "Drive" and the property was input as "Dr" or "DR." or any slight variation the site search came up no property found.

I know she extensively networks with investors.You could also contact Land Title over off 76th and Bluemound

For instance, some areas will never get to 2%, but it doesn't mean you can't make money at 1.25% or 1.5%.

While in some instances that may be OK, I try to minimize it.

@Joshua McGinnisThanks for your reply, the truth is i dont actually have any property Im looking at in particular, but have been seeing quite a few listings in both the Milwaukee and Memphis areas, two markets that ive been trying to research for that price.some of these are listed as foreclosures with extensive work needed. the thought of jumping in rather than waiting and saving had me intrigued.

For instance, in my county, the date of valuation is always on the 1st of January. 

Depending how extensive of a rehab will have a large impact on your maintenance numbers.Since it is a multi-unit you will be responsible for lawn care and snow removal unless you work something out with the tenants.