The main play with turnkey rentals is appreciation and paying your loan down over time. 

Wherever you do invest, try and play by the rules.It can be a very expensive learning lesson which it looks like this will be. 

LTRs are usually a 'safer' play, particularly if this is your first real estate investment property.

I know this is very ambitious, but I have always had big dreams (like playing D-1 baseball in the SEC).

General appreciationIf it is in a solid area, maybe the play is appreciation and then a few years later do a 1031 exchange to another, better performing property.With multifamily, typically you can't do STR, but maybe MTR?

I would assume little to no appreciation over next five years so I would model it and see where it plays out

Generally speaking, they will not play by your rules, take kindly to rent increases, and will be difficult.

It's going to be interesting how it all plays out, that's for sure. 

With continued population growth and industry, LTRs are great for the long play but can be difficult to cash flow.   

How this should play out?