You will grow your portfolio faster.

I believe that this creative side of me would allow for faster returns to the investor and provide innovative ways to accumulate wealth.  

Keep in mind, Southern California properties sell faster and have higher appreciation potential (at least when the market cooperates) than other areas.

By definition leverage should win, all things considered equal.And I don't know why people seem to forget about compound interest.  10 houses today is going to compound much faster for you than 5 today and 1 every 6 months for 2.5 years, all things equal.The market is hot for rentals here, and it won't be that way forever. 

So i can keep moving faster.

Buying lists are faster, but can get pricey.

I calculated 35k to include holding costs, the property doesn't "need" any work but some work would help it sell faster. 

If you want to go a little faster do a flip or buy another rental. 

In Richmond, my houses I am flipping are selling faster and the REO's I am trying to buy are more frequently receiving multiple offers.

Like any business the number one way to increase chances of success is to be well capitalized.Everyone talks about getting into RE with no money but the reality is your chances are probably 1-10% if you do that.If you have a good bankroll that allows you to put money down on property, pay for rehabs and make a mistake or 2 your odds of success go up to 50, 60, 70% or more.Lots of other things help a little, but no other single factor influences your chances of success as much.I tried to do this a few times in my younger days when I had little cash without success.