This is not including any financing costs and closing cost which can easily bump that number to 23k. 

They could have just as easily put "Eddie" into the first name field and have it show up the same as the "personal" example even if the account is registered as a business with an EIN. 

All you need is a 5% cash-on-cash return, which you can find in most markets. 5% of 4.6M = $230kSo it sounds like you can easily hit your goal.

However, we’re partnered with them, so if you use TurboTenant for property management, you can easily integrate their services with ours. 

(A lot of states, they can easily pull emergency assistance, and the court case get automatically dismissed) If they are pro at this, you have no way to win without a super experienced PM and legal team.

.: Honestly, if the insurance remains in place I have no idea how they would easily be able to do this nationally. 

The CFPB made it very clear recently that all of the same consumer protections apply to them: CFPB Takes Action to Stop Contract-for-Deed Investors from Setting Borrowers Up to Fail There are very few if any places these days where you're just going to easily toss a borrower out with a land contract.

If they are professional, they can explain this quickly and easily.

I know I can easily find a qualifying tenant who will pay $1,000 per month if I don't renew a lease with the existing tenant. 

You can pretty easily find a duplex to house hack in a good neighborhood in the $300,000-$400,000 range.