So, that is not a good indicator.

The fact that you are getting showings is a good indication of interest and price is close to market. 

Which is not uncommon, what is uncommon is the number of inexperienced syndicator’s Who not only lost all the investors money, but some even fail to communicate the status of this indication. .To start, understand the type of deal you want to be in.

.- OP has not indicated they will involve HOA even though multiple replies suggest doing so.OP asks for advice, but seems to ignore it.  

There's not enough evidence to tell me which way I would go.The pictures indicate that the last tenant didn't clean.

Checking property tax records is a good idea—frequent turnover might indicate investor issues, but it’s not a dealbreaker if everything else checks out.

In the June 2024 update, I said “All indications are that it will get worse before it will get better”, and this has proven to be true.

Unless I missed something, OP did not give any indication of how much his ownership stake of the 8MM works out to, nor did he give any indication what is his monthly take (read: profit) from the portfolio's rents.  

If they do decide to let it go, it usually indicates that something significant is happening.

These indicate strong rental demand in a location.