That's a enormous tax savings.

Although you may never achieve the returns gained (and lost) over the past decade, an investment in real estate uniquely offers financial benefits that most other investments do not, such as long term tax depreciation and the ability to significantly leverage your money.The current real estate environment offers smart investors enormous opportunities: decreasing prices; increasing rents; historically low interest rates.

I felt enormous time pressure, but I feel like I lucked out on timing, because there was a decent surge of inventory into the Chattanooga market right when I needed it to be there.  

This is an enormous case according to Julie and will take awhile to compile everything.

Yet its the client that pays enormously through the nose as a result.  

This is an enormous time saver for visiting a list of properties.

With 100% leverage, your return is theoretically infinite, since you have no cash in the deal, but your risk exposure is enormous (assuming you're not a walk-off type of guy, and even then you might have exposure). 

You're getting such an enormous benefit from the company covering all of those costs, plus the capital gains exclusion (if you qualify).

His cost would be enormous.

tells me that this is going to be an enormous task for you.