Flat origination charges (processing fee, underwriting fee, etc) are generally workable in scenarios like yours if I'm now reading it right (concurrent closings on multiple properties at the exact same time?) 

Is it still a workable deal?

@William CorcoranHey William looks like you are off to a good start with a workable plan.

This was exciting to me because I am a conservative investment broker who looks for minimal risk and maximum reward along with the workability of the overall project.  

Just depends if you are happy with that kind of return on your money.Some would say as long as the mortgage is paid and cash is flowing it's a workable deal.Now if you add property management costs and there's some kind of major reno that is needed, that can kill your profits overnight which is common for those old lake worth duplexes.  

I've read repeatedly that it takes a lot of searching to find a great deal, or even a workable deal.

I now have some workable formulas now though and have exercised some analytic muscles.

Thanks Rich Weese - In your opinion Is 4 acres workable or too small?

Are these kinds of numbers workable as a buy hold investment strategy?

I am just concerned that this person might not know how to do clean and workable deals given what has been reported so far.