Multi-family Turnkey company recommendations

[Pradeep Varghese]

Looking for recommendations on multi-family turnkey companies that provide a good property management company preferably in-house property management company.  Looking in markets like Memphis, Cleveland, Columbus OH, Detroit, Kansas City or any other markets that have good cash flow and growth.

Thanks.

[Drew Sygit]

Quote from @Stuart Udis:

@Jordan Ray Since you are located in Memphis and also a real estate agent are you self-managing? Leasing your own units? Are you performing any other tasks? As a hypothetical, how much do these properties cash flow if you are hired to manage at 7-8% of collected rent, collect lease up, lease renewal fees and collect fees for managing services such as repairs?  $2500/ monthly cash flow against 6 properties also provides very little context. Is this $600K worth of properties or $6M? 

 @Stuart Udis you forgot to ask him WHEN he bought these properties

As @Nicholas L. states, it can take 1-3 years to ACTUALLY cashflow.

We've got a local agent in our market that pitches their portfolio as evidence of success but leaves out:

1) All bought more than 3 years ago
2) All bought below market price because they cherry-picked motivated sellers (which average buyers rarely get to access)
3) Roller their 3% agent commission into the deal (which average buyers can't do)