The 8 to 10% is worth its weight in gold. 

I lived in Toronto for a couple of years, and the real estate there is quite funky.Making the trip and meeting people in person will be worth its weight in gold...GREAT CALL on that.We work solely in Chicago as a general contractor...for now. 

My first metric of weight I consider is CAP-X.

They are worth their weight in gold.They actually specialize in smaller multi family in the Lehigh Valley so their business is built around the model.

Hi Beth, I haven’t followed rental activity lately to really comment unfortunately but had read some comments a month or two ago about lighter bookings, but that was also the slower season too.

The good ones are worth their weight in gold, but does the license make them magically smarter?

Not knowing anything else about the future this keeps your pro forma not overly weighted one way or another.

(They paid a handyman $150 to put the weight back on the kitchen sink faucet line!

Simple answer as to pros/cons:Pros: easier to get approved than conventional without your personal income/employment/taxes/assets/DTI being evaluated, i.e. lighter paperwork and more flexibility, usually faster too.

I agree with the above posts - it's in the turnkey company's best interests to jack up rents to increase their projected ROI.As a general rule, I do not trust a single projection value any seller offers as they're nearly always weighted in favor of the seller.Zillow is a great way to check rent comps.