I haven't noticed too much attention on Vegas specifically here on BP, but turnkey is one of the most commonly discussed topics.I don't know much about Vagas but I've been around the turnkey block many many times.

Just wondering if it's common to do and time/effort. 

I did some research on it and was very surprised that this is a fairly common occurrence for a number of reasons.

Saves you from more $$ and headaches if it gets lost down the road (a common occurrence.).Either way, there should be an earnest money contract, survey, and title insurance. 

No loans of any kind involved so activities such as the following one are definitely NOT possible for me: step 1: get a loan, step 2: buy a RE where i can be as sure as possible i will get people to rent it and pay the monthly rent fees (plus utility bill fees) matching in total at least monthly cost of loan, step 3: before fully paying off the loan, announcing (why?

I'm looking for a budget number to connect to city water & sewer, and gas for a new build in Minneapolis, a vacant lot that has not had utilities before. 

My SO and I have some exciting resources that we can utilize.

The mining and logging industry ranked first in job creation followed by construction; transportation, warehousing, and utilities; professional and business services; leisure and hospitality; and financial activities.All Texas metros except Brownsville-Harlingen, Victoria, Beaumont-Port Arthur, and Corpus Christi had more jobs.

<<Quest (polybutylene) water pipes are made of plastic resin and were commonly used in water supply lines in homes from 1978 to as recently as 1995.

Great answer above and I will simply reiterate that utilizing leverage at low rates to invest in other cash producing assets creates arbitrage and so long as you use the leverage responsibly and you do not over extend, I think it is a great idea.