Note that the diagram doesn't consider tax implications—that's another important factor you'll need to include in your decision.

It would cost me only $2300 per month which includes rent utilities furnishing and property management. she showed me one example only of a customer who profited greatly.

In my firm, you would probably pay around $3,500 for this tax preparation, including Form 3115.

The cash flow of $304/month is reasonable, but make sure to include a buffer for unexpected maintenance or repairs, even with a full gut rehab.

And thats not including how long it takes.

If the landlord or their employee did the work themselves, they must include a description of the work, how long it took, and the hourly rate they charged.

Well, a lot of life happened and now I am getting back to zero no debt and I'll be renting for now and I am considering a duplex to buy cash or maybe land and some sort of unconventional home but still purchasing cash.

If someone has a deal that they are up over $1m (including the small cash flow) and I was starting out, I would be all over the financials and the plan. 

Leverage: Use leverage wisely to acquire more properties while maintaining a healthy debt-to-equity ratio.3.

Allowing pets, including the dogs nobody wants (excluding pitbulls, unless your landlord policy specifically covers them), will give you access to qualified tenants that otherwise can't find places that allow them.