If you believe there is more I need to look into, or advice that you believe that would be beneficial to me, please feel free to bless me with your knowledge.

Any month that has profit will be split 60% to me and 40% to them. 

My PM suggested to give 500, it seems high to me compared other states.The property is in good condition but in a high crime area in the south of KCMO.

No tenant or any other parties were injured at all, but the fact that I had insurance coverage structured like the above, rental income for 12months was forwarded to me in one check along with the total amount to rebuild/repair the property.

It may sound a little like overkill, but for me overkill probably isn't possible given where I want my level of involvement to be in performing active field duties and tenant interfacing, which is ZERO.That is all very valuable to me as it allows me to focus on my professional work and securities investment which is what I prefer to do.

@Ian Ippolito I am very interested but I thought the fund is closed to me investor. 

If insurance was 5% for a SFH, it may be 15% for a commercial multifamily.Some specific questions I have:Will most lenders be hesitant/refuse to loan to me as a sole investor with no commercial history despite any starting capital I may have?

Though I do not know what the insurance person needs it for, unless he still hopes to peddle something to me, but by now he should know I don't do annuities....

@James Li As someone who has intimate knowledge of the TK industry, it is apparent to me that you have not yet found any true Turnkey providers. 

Totally worth it to me to give someone else a cut of my action and allow me to focus on moving forward.