This puts me on track to have the equivalent of six single-family homes in two years and I could easily exceed that since this year is just starting.As I acquire properties, the cash flow will go to reserves for major improvements, emergencies, vacancies, etc.

the counter argument is the cost of the license and at 1 to 2k a year If a person cannot easily afford that then they simply are not in the real estate business at any level...

These units can be rented out for easily $800/month.Year 1- If I can purchase the duplex for $110,000, put 6% down, charge $800 in rent for the first year for one of the units, I will have a 9% ROI but not a positive cash flow. 

To me, this looks like a great deal, but after closing costs etc, i need about 353k upfront, which could easily be paid back within the first 5-6 years if i use most of the income.  

The exterior brick damage would be easily apparent, as well as a brief visit to a unit and common areas.

If I wanted to double my income in the next 2 years, the steps to doing so as an agent area easily laid out.

In areas like you mentioned you can go on the MLS and still find discounted properties fairly easily. 

If you can easily put cooperation language in then fine.  

Actually good cpas wade through this very quickly and very easily.  

You can easily prevent both.