You mention tax benefits.

The other book you mentioned caters more to that audience and gets people hooked on the idea that they can invest in real estate with no money and then teaches them how in subsequent books. 

Lets debt = less Treasury issuance = less supply = lower yieldsThe market is in an wait and see mode. 

Sometimes the best investments are the ones you wait for.Here’s the kicker: utilities and zoning can make or break these plays.

You may pay 1.5m and up for a good one, likely more if parking and balconies, but the play is to buy a multi and then wait and in a few years, turn them into condos and sell them separately - that's how you make the money there.

As others mentioned, a DSCR is worth exploring here.

You want to wait after the work is complete before you get an appraisal and do not do it until you are refinancing because most lenders will want it through the AMC and you will be out your money.

As you correctly mentioned, you’ll need at least two stays.2.

If he is still doing the same as in the past he would be with the top ones mentioned above.

Getting those numbers you are mentioning is more than possible here.