The property could appreciate, depreciate, or stay flat, so your appreciation number is simply fantasy.

I had this fantasy that when I did my first deal I would become a paying member of BP and then amaze all with my tale of success.

This seller is off her rocker if she thinks she can get anywhere in the smae state as $600k+ Perhaps in Fantasy Land.Not only is this a dog, but it is flea infested!

If there are hoarding issues or drugs talking, moving is just a fantasy.

The truth is that both the government and the vast majority of individuals in this country have been living a lifestyle based entirely on fantasy.

Instead going to some fantasy-land of cabals and lizard-alien conspiracies.   

What my fantasy is is that one day I will be able to as soon as I get a receipt write a corresponding address on it (I'm always doing 2 or more rehabs at a time), and then take a pic of it, and then throw it away and never think about it again!

Fantasy, Sci-fi, REI related, medical journals, and self-improvement books.  

Its like he is living in some sort of fantasy world where he expects to get use of this building rent free.  

That's about $5000, and they were there for 16 months, so that's about another about $3800 a year.So for my single family home, it's pretty consistently $3800 a year not counting smaller repairs and not counting any big CapEX expenditures.The thought that you're only going to spend $2500 per year per unit is just pure fantasy.