In my opinion (mostly based on reading BP forums for the past decade) the best markets for rental properties (turnkey or otherwise) are (in no particular order):IndyCleveland and other smaller Ohio cities like Dayton, Toledo, Columbus Kansas City Jacksonville Memphis - I get the exit strategy argument but there are some excellent operators hereBirmingham Louisville - Not sure of any operators though Charlotte __________________Seems like the sweet spot is 65K - 125K across the board.  

Thanks @Chris Dawson, that's a good sweet and simple rule of thumb to follow.

The "over-shoot" is in case the cleaners have to focus on or put more effort in cleaning something (Wine Stains, Pet Stains, etc....)2.

I find $1500/mo rent to be the sweet spot so you can always reverse engineer what you need to buy to make that $ work.

Sweet!

The lower end of that spectrum probably being your sweet spot.

The house on the pictures looked amazing, freshly renovated, nothing to do but wait until the tenant lease end (in july) to increase the rent to market value and get this sweet cashflow.

I'm trying hard right now to find the 'sweet spot' of upgrades, sq footage, etc.

My passion is rehab, but Im sure I would be passionate about anything I felt sweet success with.  

If the market is bad, they'll sell for a loss.Those that invested wisely will be fine, can ride out the storm without much effort at all, and will be poised to pick up some sweet deals after the smoke clears.