This is allowing me to brush up on some skills that one i haven't used in a few years and two learn some new skills in the construction filed, like dry walling.

Profits were highly in excess of that 10k - - 204%

Going to spread some dry cement mix and rake it in then wet it down to lock up the sand where you walk .  

San Pedro on the other hand has the huge $1 billion development starting but the prices haven't started climbing excessively yet.

A faster depreciation will generate depreciation in excess of what was allowable under the straight line method.  

as for the "30 day out", clause on leases...I would think you could have this as long as each infraction is spelled out.....vulgar language to PM or representative, cleanliness, excessive complaints after signing an "as is" acceptance of property, loud activities resulting in no less than 1 complaint....the list could go on until you could give a thirty day notice for a hostile stare.  

The lending field seems cut and dry on the basis that once the rate and approved lending amount is locked in the client should be able to work with a local agent, and not have any other strings attached on the lending side.

Where is the excess equity that makes your profit?

Water should readily drain without any back-ups.Exhaust fans: should be free of dust.Floor should be clean and dry.

The problem I find with turnkey options is that you generally have to put 20% down as an investor, which means your savings dry up pretty quick.