I have had 6 people sign paperwork to buy the home over the last few months, but even the cash offers have pulled out when they see the price of Homeowners insurance in Louisiana right now.

Buying from a distance is certainly challenging but don't hold this experience against the entire turnkey model.

I knew nothing about real estate or investing except that I should buy property and hold onto it.

Came across this Deal from heritagegroupcapital.com, They are buying 2, 100k industrial fully tenanted/leased buildings in North East Indiana, near Fort Wayne.

I am about to buy my first rental in Baltimore metro area.

Would I buy another one if I could in this very same area, I ABSOLUTELY would if it cash-flowed like my existing property. 

If the property has STR history and this is your first time buying an investment property you may also push for an exception with a higher downpayment 25-30% along with other compensating factors. 

If the LLC signed the contract, and you buy the LLC to not have to record the real estate value, you are also taking on the liabilities of that LLC.  

There are pros and cons of MF and there are many successful investors that buy only single family or STRs. 

For example Hover allows you to buy a domain for around $15 a year and a small mailbox for $20 a year.