I always removed the additional income because I feel I should not value a property for lost key fobs or pet fees.Also, when it comes to Expenses I left the expenses as is and mostly increased the management fee from 2% to maybe 3% depending on the size of the deal and I always adjusted the property taxes.Is that the right way to quickly value a property? 

But make sure whatever you add or take away you apply it equally across the board. 

Glad to have you on board. 

Where are homes at a decent price point, but still in somewhat of a turn-key condition.

BUT...it might be that you have that really nice 2 1/2" bead board that was popular from 1880 up until Great Depression.

I am mainly interested in rental properties that are NOT turn key.

The key is the clicking system.

A few CAVEATS: you have to own key properties (3 and 4 bdr) to maximize rent and they have to be exceptionally nice.

CA Franchise Tax Board is a royal pain.

If the tenant didnt hand over keys , they are still in possession  , its called tenant hold over .