Take the extra step in proving you're a good match and you won't fall out of escrow.  

I've heard many horror stories from investors falling for the "turn key" "do not invest in California" brokers.

Great mechanicals.  2-3 shingles damaged from the storm this last fall. 

Couple notes on your responses:Don't plan to offer individual investments and fund participation, however I see how a manager could fall into thatGreat tip on state tax implicationsWe're starting small so hopefully hit subscription minimum earlyThanks again!

Thanks so much for the help  If this is a new loan the only way PMI will fall off is if you put down 10% or more or is the loan is a 15 year fixed or lower. 

In your Offer to Purchase, check the box [x] property to be delivered vacant at close of escrow.That way, no harm no foul if the deal falls through.

In theory, it would be great, but I find they are super slow to respond and let repairs fall through the cracks all the time.  

Many of the turnkey providers you're going to run into want cash deals because they are quick, don't need to wait or risk the deal on appraisals, and don't risk falling apart at the last minute from lenders. 

These things happen, deals fall apart, everyone knows it, professionals don't get upset about it.

Only way I'd make this work is if I become a silent partner or just capital partner lol.