Even if it takes you a year to pull down your first deal, you are killing it my friend!

Some of our borrowers are focusing on 4 bed 2 bath section 8 to push those numbers even higher.I pay close attention to 4-bedroom homes in Memphis for S-8 clients 

Investment property financing is all we do and we beat most peoples rates and we are not even close to 5.0%. 

Was it 50% off, 60%, or even 75%?

$20k/ month is definitely doable but will take some time in this business and more than likely won't be your first deal or even first few deals.   

Heck, even that mail/package room can be a cash cow!

Also how many other land lease properties are sitting on market against yours even if they're un-remodeled.

If property is done right even in todays market you can hit 1% rule and attract very desirable college students.

yes, but it's much more difficult. you're just not going to cash flow after you refinance - you might even be slightly negative. 

The problem is that they are not knowledgable enough to understand that the analysis is inaccurate, but start making investment decisions based on the analysis anyway.That is one of the main problems I wanted to solve with DealCheck by providing a tool that takes most of the guess work out of running analysis calculations and evaluating rentals/flips/wholesale deals that will satisfy 80%+ of investors out there.But going further, I think that tools like DealCheck are perfectly viable even for more experienced investors.