I wasn’t trying to imply that all Turn-key companies were scams, I apologize if I came off that way.

As has been implied, no matter who you select as a turnkey provider- always underwrite the numbers yourself.  

I don't discriminate, I screen the animal, require registration - which implies current vaccinations or titer testing, spay/neuter, and I get a sense for the temperament.

This implies $1.2K ($3K * 0.4) on expenses. 

Most trainers on multi day events endeavour to get people to take action while they are attending to get them started.So in other words anybody who takes action more than 2 weeks after the event is not going to be captured in this metric.  

This implies an average SFR purchase from 3 years prior would have had to be on the order of at least $500/month negative to not to have cash flow (excluding for a refinance that extracted money).There is a big difference between initial cash flow and actual cash flow. 

I see this happening in a lot of places that, historically, were left-leaning but you could still make it work (as Mary implies). 

I am also not trying to imply all profit sources are equal (appreciation profit is more difficult to access).  

The problem with this thread isn't the OP, it's that most people replying 1) didn't read past the title, and 2) don't know anything about the subject the OP was asking about.The OP didn't ask what he should do with $1M, like you're implying. 

Low price markets are low priced either because they are perceived to have low appreciation outlook or are perceived to be high risk.You did not indicate when you purchased the OOS 5 units, but I suspect if it was at least 5 years ago that the San Diego RE cost to current rent ratio would be better than your OOS property implying likely better cash flow for the San Diego property.Good luck