This will enable you to compare market rent and property value vs. what the turnkey is stating.Get copies of their management and leasing agreement and read them.

., the core of the issue is you are not responsible for illegal behaviour of others - your tenants in this case - unless you knowingly condone or enable those illegal activities.

That is a luxury not enabled by many professions!

A decent agent in CA will do $10M in sales here which is not that difficult and in doing so, could make ICON enabling the 20% broker split to be given back in stock.

Simple arithmetic tells us that the DIY will pay more for a property since they have less out of pocket expenses (we will ignore the implicit opportunity costs of their time for simplicity's sake), thus more cash flows to their bottom line and gives them a larger numerator in their ROI calculation, which enables them to have a large denominator (purchase price) to arrive at the same 11% return.

What should be considered is the large tax cuts that have been made to large corporations that enabled companies to "boost the economy".

And that's not to say that I don't believe you, but it is to say that the scenario you're citing is A) particularly to residential real estate, and B) mostly enabled by the expansionary monetary regime we've been under for a half century. 

While a college degree should always open some doors for you.2)  Aside from a degree, college enables you to fine-tune your communication skills (writing, grammar, etc.) - which will be important for the rest of your life regardless of your career.  

Having a dishwasher should enable you to charge more rent and/or rent a place faster. 

More time will enable me to work on charity that requires my time more.