Dangerous to bet solely on appreciation but if you need to park some capital in a low risk asset to hedge against inflation and also for tax reductions - those areas may be great for you. 

Is there value in going forward in today's inflated Sacramento property market where rent to price of hone doesn't make sense.

National data can be useful for informational purposes (price, rent, inflation, days on market, etc.), but your local market can be drastically different.

My thoughts being that with housing prices inflated at least a (legitimate) turnkey would help cut through the barriers of building a team/finding a prop/renovating/placing tenant, obviously your margins are still being cut into by the nature of how a turnkey organization's business model works, but interested to hear what others think?

The following are a few that comes to mind:(1) Holding cost/s to fix these properties far outweigh the profit the company was going to make after rehab.(2) The turnaround time to fix these properties is untenable due to the shortage of labor costs.(3) The inflated acquisition price, coupled with an extensive long lead time of raw material have exasperated the new supply of new housing inventory.(4) Institutional investors are selling/bailing because of the sentiment of https://tinyurl.com/Shoeshineboyindicator.(5) And last but not least, the AI algorithm has taken into account the above parameters and predicted a bearish outlook for the subject housing market segment.With all of the above in play, what?

At worst we would have a tangible asset that produces 1k a month in rent and our money would be safe as inevitable inflation lifts housing prices to the moon.

Fortunately, selecting a "good" location is relatively easy if you use the right metrics.Rent and Price Growth Rate - Inflation is constantly eroding buying power; each year, it costs more to buy the same set of goods and services.

I’m also aware that the housing market is not “cheap” if you look at a historical real estate housing price chart that is inflation adjusted.Why buy today???

@Russell Brazil   hahaha for that reason I was in shock cause, it is ok in certain times there is a hause price crash but COVID just put inflation on the worldwide market.that's in my opinion.

If you have access to a great deal flow and are being held back by capital, then I would say you can grow that extra $15k at a quicker pace than the $150-80 = $70/mo net opportunity cost cash flow.You can objectively calculate this with opportunity cost calculations, rate of returns you're seeing, and inflation numbers.