It is cheaper and more convenient.

What I had analyzed from my experience is that 1) People, especially those with family would prefer to rent a whole house where they don't have to deal with other tenants above or below them 2) Families, especially those with kids don't like to move every other year, so they are more likely to behave when it comes to rent payments 3) If you provide amenities that are not easily available in other properties in that neighborhood like washer/dryer, parking or more than 3 bedrooms, you can stand to charge an above average rent because you are supplying convenience. 

Turnkeys are a convenience factor.

There is also about one acre of land that is currently being used as free overflow parking, scrap storage, convenience roadway and other random things.

Would LOVE to find a turnkey home/condo convenient to the airport.

The recognizable downside is that this is not convenient having to keep up with multiple banks/cards/accounts. 

Now a lot of guests expect all of the conveniences and scalability of a hotel in their STR, while simultaneously expecting the personalized and custom support of an STR.I've been staying in STRs since the 90's and back then you had to bag your trash and take it with you in your car when you left. 

Please contact me at your convenience.

We have removed everything of value from public spaces and they no longer have access to certain conveniences (Netflix, video game consoles, etc).

I pushed the selling agent and learned they had accepted another offer - with financing and inspection conditions - and we are sitting on the bench again.I am only guessing the other offer must have been sufficiently greater than ours that greed overtook comfort and convenience of a sure thing.So once again, we are in second seat ... this time, being first in the door and over ask, I was certain we would be accepted or countered.So what did I miss?