, vacancies, and usual repairs, your returns are going to be paltry at best, and negative at worst.With condos in particular there is the risk of special assessments that are going to happen throughout the course of your mortgage.  

I have always known that there is a wealth of information on the "statistics" side of the system, but have never really taken advantage of it frankly because the amount of data is overwhelming.

What I'm trying to say is that if you make a mistake somewhere and get into a negative cash-flow situation, you will likely have to sell the thing at a loss to get out of it (if you can't fix the cash-flow problem).Many people don't consider the fact that one can actually lose money investing in real estate.  

Want to make money in real estate use the law of attraction, practice it, draw winners to you, positive thought, negative thinking will make you a loser.

How can make sure that I do not go over the comps basically putting my self in negative.

The Turnkey word evokes such negative reactions because of experiences just like this one.  

You could be trapped in a negative cash flow situation for a very long time if the market softens.

Research the Bureau of Labor and Statistics for specific job industries and how the area and its industries are currently doing.If you do buy an Income Property be sure to start with a reasonable Capital Improvement account for emergencies.

Many cities have crime statistics on a website. 

@Josh MitchellAs Richard said, that's a bad deal and you will find that it's cash flow negative in the long run.You won't have vacancy?