Like @Tyler Tapley mentioned turnkey can be risky, it's a marketing term nowadays so I would definitely dig deeper into who it is you're investing with and what type of areas they will put you in, I would go as far to say go out and visit them before investing so you can get a better feel of who they are, where it is they invest and the types of renovations they do. 

One other manages one and agreed to 8% as well of just the rents and when a new tenant comes in, I pay a new lease up fee (but not for just renewals yrly).

@Drago Stanimirovic I agree the Central IL market is a great one to invest in ! I

This is where I believe I can come in. I

Best of luck in the GTA region, I see lots of people here from Calgary though so I thought I would join in! I

What market are you interested in? I

So, as you can see, YOU have a LOT more to do with vacancy rate than what market a unit might be located in. I

So, they are close to $90k in. I

.: First time poster - thanks for letting me in!  I

What type of syndication are you considering investing in? I