This is a newly built home 5 bedroom, 4.5 bath and 4 car garage.

What are the profit margins for newly constructed home.

Dan,One, newly built, house over an 6yr period is not statistically relevant.  

@Scott HetheringtonDidn't mean to misrepresent your services, was just borrowing from a previous post of yours that stated "turnkey operators" are one of your sources of property:http://www.biggerpockets.com/forums/92/topics/1415...And then this article that describes HomeUnion as "turnkey":http://uexpress.com/housing-scene/2014/10/24/turnk...There is also this HomeUnion press release that describes HomeUnion's services as "turnkey":https://www.homeunion.com/blog/homeunion-launches-...I guess maybe you're using the term in a different sense, but given the threads I have discovered here I am probably not the only one that could use more clarity if I'm not supposed to associate HomeUnion with "turnkey operators."

We purchased a newly renovated condo conversion about 5 years ago and it cash flows nicely enough that I've considered picking up another unit in the same complex.

To keep your business going or to launch it you need money.

I guess what I'm looking for is guidance in where my time will be best spent, as I can't literally can't keep up with all the newly fileds coming my way. 

The Cities on this list, released by RealtyTrac, are in States where the average short sale closes within 1 year from the time that a bank launches foreclosure proceedings.

A shrinking supply and a limited development pipeline will make newly constructed assets in the highest demand and command the lowest cap rates.

I handle 9 of these rental full time plus acquiring 3 more, managing a friends by 2 by poa because he's deployed, Launching my website as a business and working full time +.