At our company we like our clients to be involved as much as they want to be with the expectation of trust in our expertise for certain operational factors.Also, if the turnkey company has well-established policies in place for leasing, resident on-boarding, standardization of renovation approach (replacing capex items first and foremost), and property management, then they could be a good option for investors.Also, look to see if they have warranties in place to cover the renovations they have completed on the property.

Then when  you establish that relationship with somebody you're both comfortable with and like their terms, then you can stick with just them if you like.

If you want to go local, I suggest looking for a well established small to mid sized firm, likely a place that does audit/assurance and tax work, with professionals that focus on one or the other.This will often get you several layers of review, people who have the time and budget to take useful continuing education, and they also have a network of people around them in the office to work through issues. 

Verify that he is "selling far bellow market" .. based on what did they establish that?

I initially struggled to define this thing until seeing the Agreement: it establishes open-ended credit based solely on home equity and is secured with a Deed of Trust.  

@Michele Wax @Timothy Doenges No, you just have occupy it for one year, then you can rent it out no problem, but.....you need to establish That house as your primary residence.

If your agent did not follow your instructions, talk to him, re-establish your boundaries and move on.

Good evening, We are looking at purchasing a commercial lot that until recently was occupied by three separate buildings. The buildings were destroyed by fire and the owners are considering a sale of the lot.  There a...

At this point I am going to move into commercial real estate, first of with an already established personal storage facility, based on current listings I've viewed lets say I would purchase one for 1.8 million dollars, only putting down just over the down payment of 20 percent (400k) and then taking my remaining 400k and purchasing two more residential properties, one outright and  one via 20% down, holding onto roughly 200k for emergency funds.

You're already almost at 3 months, so you might be okay depending on the bank.After you establish rental income, you may be able to increase your debt to income ratio by counting the rental income as income.