Cash Flow Potential from $120k/yr for 10 Years?

[Rabih El-Khoury]

In your experience, could one possibly hit the $24,000 monthly net-after-tax rental income mark in ten years time if: (1) they had $120,000 at their disposal every single year to invest for the next 10 years; (2) they could re-invest all the rental proceeds generated during those 10 years? 

Assume they could invest in any property type and in any state but could only do buy and hold or buy-rehab-refinance-hold (i.e. no flipping).