It was illustrative.

its a great illustration of the realities of investing in the Urban Core...  

This is mostly just an illustrative example of the need to start with the desired end, and work your way backwards to form your plan ... if duplexes appear in that plan, then great.

my I want taxes of $20/month was more to illustrate point no way gonna be close.I looked up what taxes are on $315k property in Orlando

That is important because it illustrates the institutional investors feel comfortable with the new rules of sale, have setup mechanisms to insure bond payments and structured yields high enough to meet market demands.  

@Mike Campi, NOI doesn't take into account financing, because people finance properties differently and having a common base line s important when assessing investments.While the example you cite is unrealistic (basically says a property worth $500k would only rent for $1000/month), it illustrates an important point.

Your post is a great illustration of this.

Remote investing is the solution.Fortunately, there is a straightforward process for buying dependable passive income properties, as illustrated below.Successful real estate investing is like peeling an onion: it starts with selecting the right location.LocationThe location determines the long-term income performance of the property.

Being said, my background is graphic design and illustration and I alway enjoy a great ink job.

Let me illustrate with a recent deal:- Purchase price = $120,000- Renovation budget = $50,000- After repair value = $225,000- Refinance amount = $168,750.