I get that as well.. to most its seems like an unconscionable profit.. and by giving example like this we tend to delude beginners into thinking they can be as good as you ... when in fact your probably pretty accomplished and most beginners could not do anywhere nears as good as you.I get it with Hoarder houses I bought two this year with stunning equity in them.. but they were also filled to the rafters with crap and stunk so bad you could not enter without a bunny suit ..but homes that need little to no rehab and are bought for 100k under market.. that gets a little much in most peoples book.  

Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

Hi @Jonathan Taylor, Start by just reading the Ultimate Beginner's Guide.

Just finish reading; What Every Real Estate Investor Needs to Know About Cash Flow by Frank Gallinelli great for beginners ..

You can check out the Free Course, this will help give you an idea about potential costs once you start https://www.biggerpockets.com/courses/a-beginners-introduction-to-real-estate-investing

Be sure to checkout the Ultimate Beginner's Guide - very helpful! 

If I use the more realistic scenario of a beginner investor like me who is probably going to see a further cut due to mortgage and assuming Brandon's guidance of $100 per property, the above $5000 pm translates to 50 properties which makes it seem like a very very difficult goal whereas 12 seems a reasonable goal.

Have you read through The Ultimate Beginner's Guide yet?

Make sure to read the Beginner’s Guide: http://www.biggerpockets.com/real-estate-investing

@Lan Huynh A general rule that some experienced investors and my accountant have told me is that the property should rent for 1% or more of the purchase price (the BiggerPockets beginner guide suggests 2% but that can be extremely hard if not impossible depending on the area).