Its the nature of the beast - you have to be available to talk to motivated sellers and close them ASAP, otherwise they'll simply move on to someone else.

A rental in an S corp changes the nature of lots of normal transactions.

First, government policy, loose money, and human psychology combined to push the home ownership rate to nearly 70% - nearly 5% higher than the "natural" rate of home ownership in the US - about 65% over the long term.Second, there was a related spike in vacancy at apartments.  

I would not rush into a transaction of that nature without speaking with a tax attorney who specializes in this area, and by that, I do not mean the sales consultant of an IRA LLC providing firm.To your specific question, yes it is possible to acquire a property jointly as tenants in common with the two IRA's and then move that property into a LLC.   

The property manager would naturally contact you on the next business day, which was Monday, March 4 to ask for your keys since you had not returned them to the office nor left them in the unit.Did the property manager actually tell you they would charge you for 6 more days?

@Chris Butler your turnover will naturally be higher in 1/1s because tenants can grow out of the units and are generally less settled down.

Note that self-direct IRA custodians, don't provide a whole lot of hand-holding after the setup (by nature), so make sure you feel good with the customer service for setup and understand the fee structure. 

Tenant turn over naturally occurs every 2-3 years.

Use MLS to just run numbers on random props - not looking for a deal just getting to a point where the math is second nature. 

You can mitigate it with research and due diligence etc, but there will always be risk - your property may not rent right away, there could be a natural disaster, you may get unlucky with timing or tenants.