If you want a double check using an income approach use Gross Rent Multipliers, GRM. 

So, take their proforma NOI and price to figure their multiplier.

Annuities also have some cool tax credits, the older you get the less you pay in taxes.After you have these down or at least 2 of them down RE is where you'll see money multiply quickly and steadily year after year.

If you repeat that process and invest all of it, you will then be getting $125-150k+/year in cash flows and again multiplying that amount over the next approximately 5 years.

So after 3-5 years I like to harvest the equity in these to buy more houses for free which multiplies my cash flow.

If you can prove to yourself that you can multiply your own money at a smaller scale, you will honor your father's by injecting his money into a surer thing rather than risking speculation from the jump.

Multiply them by 5% and you got about 2K ACTIVE wholesalers across the United States.And the general rule of marketing is that at any given time, 1% of the population is interested in what you're selling.So, I just did a search on Freedomsoft and in San Diego County, there are 9,782 3-bed / 2-bath Out of State Owner single family homes.

But if there is no foreclosure avalanche, because banks may not want to foreclose and will probably be incentivized not to foreclose and homeowners at risk of foreclosure could most likely sell for a profit, their plan may not materialize.

Then I multiply that by my IRS tax rate and by the state tax rate, subtract those costs and I get how much is supposed to go into my pocket.Keep in mind, it's all "best guess" until the final check clears the bank and you get your wire.That’s the general idea.

Succeeding in food service industry is difficult at best, but than succeeding in multi-location food service industry, now were getting into a multiplier event of rarity in success, that sure as heck sounds like a unique area of advantage.