And this way I just have to work on ensuring the bookkeeping is solid - the "burden of proof" is on the investor to prove the "child" series operate independently, so I make sure to keep the financing in line. 

One option is to pay back in monthly payments, ensuring interest comparable to stock market returns.

They will also ensure they grow or at least break even and get all of the equity out invested to move on and find another (Repeat).If you haven't I would do research in the area to see if there are homes of similar size that have been RENO'd / Upgraded that are being rented for more than that current $1,100.00 pm.

If I purchase directly from a turnkey in the future I'll ask them if they can ensure that the property will appraise for the purchase price (I'm not sure if this will help, clearly I'm very green!). 

I'm not going to try to convince you otherwise, but I will point out that when the market trends down, there are risks:-  Rents can drop-  Vacancies can increase-  Banks can call loans due-  It can be difficult to refinanceSo, make sure you have reserves to cover a short-fall and ensure that your loans are long-enough term that you won't have to refi short-term.

Post notices and send a notification stating that to ensure everyone's quiet enjoyment please keep dogs on leash at all times.

She should be helping you to evaluate the property and neighborhood, understand whether rents are where they should be, run comps on the property, negotiate price and terms with the seller, coordinate the contracts (including terms and contingencies), ensure you're having the right inspections done (property, lead paint, radon in air and water, etc) and serve as a buffer between the parties, especially when things get tense.Good luck!

Whenever you are buying a property out of state you should do a few things to ensure it's as smooth as possible.Don't buy in the roughest neighborhood in the urban core.

We would like to work with an attorney and tax specialist who focus on out of state real estate investing so we can setup our corporations correctly, establish the correct partnership structure, and ensure we minimize our tax exposure from the onset.Thanks again!

Generally insurance will require you to remove diving boards, slides, and ensure a proper fence is installed.