I suspect that's gross rent.. then take out expenses.. this is still semi possible in rougher areas.. where the market is pricing for risk of tenant.. the question is how consistent is that renter in those assets.. it can happen though.. but pretty far and few between in the big MSA areas.. 

The gross rent would be $1700 x12= $20,400 and I had it under contract for 48k.

The gross rent would be $1700 x12= $20,400 and I had it under contract for 48k.

Your total gross earnings from the investment will be 120 X $24,000.00 = $2,880,000.00You will be receiving $24,000.00 per month during months 37 thru 144 until your total gains = $2,880,000.00 plenty of time for you and your wife to do other real estate deals and also plenty of money to take good care of Fil and yourselves as well. 

The Tiny Home would be acquired for ~$50,000, and he suggests it could generate gross profit of $4000 a month. 

The Tiny Home would be acquired for ~$50,000, and he suggests it could generate gross profit of $4000 a month.

Once fully rented the 4 buildings will gross between $6400-$7000/mo.

The existing quad is listed for sale at $1.1M and a 5.3% CAP.Commercial multifamily in the area sells at a CAP rate of roughly 4.5%.The existing property is zoned to allow for 6 units and has available land to build an addition duplex for ~$150 per sqft.Assume 1000 sqft duplex at $150,000 and we’ll build that into the loan.After expenses, the additional units will each increase the annual NOI by $14,400 = (Gross rent – operating expenses = $600x12x2).Purchase Price  $1.1MMConstruction:  $150KLoan amount: $1MMTotal for project:  $1.25MM20% down: $250KPre-construction NOI:   $58,300Post construction NOI:  $72,700What is the estimated property value after construction?

If a 50k loan investment can gross you 2600a month in income.

He loves it and is grossing like over 5k a month.