In this case, 'turnkey' is just an adj used to signify that no rehab work is needed prior to leasing.The noun Turnkey (sometimes abbreviated on BP as 'TK') is what Tom is talking about.

It's the date itself which signifies what's 1st and what's 2nd.

A C/O signifies what is officially approved, so the utility is telling me, if you're allowed two occupants legally, then you'll get two meters.

Fungus is dry rot signifying siding wood replacement. 

Does the sheriff sale signify a red flag or something?

A notice was filed at the recorder's office by the lender's attorney signifying a public auction.

When going through an standard escrow the title company can't forget to record the deed as the way it is set up is the actual recording of the deed signifies the close of escrow where all parties are made aware that title has transferred to the buyer.

screen and check everyone that's over 21. period. he makes quite a bit of money. the large debt bill signifies poor spending habits. if all else fails and still concerned..why dont you do month to month or half a year lease?

The fact that it's an REO won't signify any particular change in repair costs, every property is unique.What will change the costs is flipping for rent vs resale (depending on the area). 

At the end the permit is "closed," signifying that the work is complete and meets code.This is important for a few reasons, the biggest is knowing that the work was done to code and properly executed.