We also count "income equivalents" such as food stamps and utility subsidies during the qualification process.  

This is the equivalent of a turnover every 20 months. 5/100=1/20.

I've had situations where I came to the conclusion a foreclosure action was improper and hired counsel to file a notice of appearance on behalf of the insured to put on a defense thereby stopping an immediate foreclosure judgment. 

I have noticed the workshops appear to be the same thing every time I get an email though- “here’s what you can learn, go to my 3 day seminar” and then most of it is talking about the big dog program.

At minimum, the city will require you to sprinkler the whole unit, if not the whole building (this is one of several ongoing issues where it appears that the city has as different and/or more restrictive interpretation of the law regarding this than mandated by New Jersey).

Staying away from mold, flood damage, foundation issues or anything else that appears to be too much for me to handle the first time.How much time would I be looking at daily to be at the house to manage the specialty contractors?

I am willing to rehab but I am finding that it is cost prohibitive from what is listed.Also, the general consensus appears to be that there is an exodus from CA due to cost of living, taxes, etc. 

This case seems more of an area that has good stats and appears to be a good area for growth and demand, etc, which is creating opportunity for outside investors.

If you did agree with a majority of it, lot of things in life will appear hopeless.

Your vacancy is the equivalent of 1 turnover per 20 months.