They are dependent on the age and current condition of the property and the quality of tenants you have. 

Generally speaking, for a SFH you can get away with Samsung up to $600k, KitchenAid up to $1mil, Wolf/Subzero for $1 mil+

I do the occasional flat-fee MLS listing for him (not turnkey though), and I have not seen any of his completed renovations, so I cannot speak to the quality of the work being done.

I'd love to hear some feedback from those familiar with this market that can speak to the type of neighborhoods they are in.

Hey Andy, I can't speak intelligently about particular markets as I've not invested in any turn-key properties yet. 

Consider what you do for work, and how far you would be driving to get to those locations. if you are working in LA, driving from Palm Desert daily could allow you to cash flow, but your quality of life can be destroyed.

this means, 2 mcdonald workers living together in yucca valley could easily pay $1200/mo for a quality rental.my homes have all increased 10-20% a year for 3 yrs straight - as the few quality inexpensive rentable homes that come up are fought over by investors, new home buyers, airbnb.a sewer assessment going into effect will add 100-150 to the monthly tax burden (along with a few other assessments in the works - school,fire) Bob Armstrong (a realtor in the area) creates a nice email newsletter each month with data/commentary.

Looking to speak to developers about a NoHo 13 unit project.

Hey all! I'm turning 30 next month and have been thinking about getting into investing for years. I made a crappy deal and lost some money a few years ago and now I'm ready to try again. I was laid off from my job rec...

No HOA fees will make a huge difference.I can only speak for Birmingham, but with $220k in capital (debt and equity, not sure your split here) you could get a couple wonderful B/B+ properties that get about $950 per month each.