So, some quick back of the napkin math for the theoretical turnkey scenario you described above:- Purchase price: $2.5 million- Down payment: $850K- Loan amount: $1.650 million - Gross Scheduled Income: $288K- Operating expense ratio: 35%- NOI: $178K- Debt service at 6.7% interest = $128K annually - Before tax cash flow = $47,1999 - Cash-on-cash Return in Year 1 = 5.55%A $47K / year return on an initial investment of $850K seems pretty modest, no?

Here's some quick math. 

That would mean in so so years networth would increase by $600K if my maths are correct lol.

The math was just not adding up.

Just doing some quick math - if you finance $2M at a 7% rate, your monthly payment will be over $13k.

We all know we can run math and what the math tells us.. but tenants dont follow our math projections.

Anything related to that can be helpful.Sales also is great for some as well, but most sales people are not problem solvers.

I did the math.

As for the tax portion I explained those numbers could be off slightly but overall I feel this still beats the market.Using the same math my other properties have had lifetime returns of 89.97%, 22.69%, 46.90%, and 34.69%. 

Still do your own math though....not that I wouldn't trust him, but every house and every neighborhood is completely different.