To give an exaggerated analogy. 

Along with the 10,000 other wild, exaggerated and wholly incorrect assumptions the "Lawyer/Professor/Economist/Investment Advisor/Financial Consultant/Mortgage Broker/Tax Attorney/Tax Lawyer OP (read his profile page) makes, perhaps the most obviously glaring is the assumption that one can find, buy and sell a house purchased at 10% under market value at full market value (without a broker) every thirty days!.

It is the difference between $2k and $10 monthly revenues, literally, no joke or exaggeration. 

He sounds like the typical investor/developer who also has a property management company and tries to monetize his management clients by marking up jobs, exaggerating turnover repairs to take the security deposit etc2-Next property manager, put a clause in your agreement in big bold letters "Owners permission required for any expenses over $XXX" (usually $250-500 or 10% of rent)If you have any questions feel free to ask me.Good Luck

The 4-Hour Work Week is another eye-opener though I believe it's full of exaggerated results.

You seem to be in the exaggeration business. 

As a life long New Yorker who is actually still living here I thought people would appreciate to here that news of our demise has been greatly exaggerated.

Tom - I believe Ron was just making a joke and exaggerating a bit.

Perhaps I'm exaggerating to make a point, but it is an important one.

@Bryan BealYou’re exaggerating.