The fee they pay covers the administrative costs of updating leases and tenant ledgers as well as re-keying the property, to ensure the departed roommate does not have access to the unit once the termination goes into effect.  

Do you only buy turn-keys?  

One of the keys for landlords is that the new rules significantly lower the number of surfaces that have to be deleaded...which lowers the cost of abatement compared to the law pre-12/1/2017. 

The key is to be a step ahead of everyone else. 

I am looking forward to get started with something within 100k to 120k range.I did research about some Turn Key investors around US.

A key parameter for someone just starting without a track record.

I wouldn't hand keys and alarm codes over in the first few months but if a guy shows up on time and sober and puts in an honest days work I'll give him a raise and responsibility no matter what his history.

Thank You            Troy   People do turn-key to get their feet wet and when they have more money than experience.

Since each market has its own set of unique risks, selecting managers with deep knowledge of that market is key.

@Peter MacKercher Hey Peter,This is great advice and I understand experience is key.