Depending on the market, that could be achievable. 3% is probably right. 

It seems like an achievable goal if the deal is good enough.

Get a good CPA and they will help you achieve your goal. 

One may be seduced by some rougher areas where on paper that looks like it can be achieved however many times one finds themselves in a situation where the term "looks good on paper" becomes more of a big disappointment.24% annualized is achievable also albeit getting more difficult in this market but 24% annualized usually means where there is limited cash flow distributions during the hold but the sale yields a high pop at the end annualizing out to 24% over the say 2-5 year hold. 

You could likely achieve a similar result as it relates to yield and not have to do any of the work. 

And this means I’m one step closer to achieving my financial goals.

The term "invest" is defined as to expend money with the expectation of achieving a profit or material result by putting it into financial schemes, shares, or property, or by using it to develop a commercial venture.

Buy and hold is a great way to go, and there's a lot of great information here on how to best achieve that goal.

Let em' know who you are and what you're looking to achieve.)

Show that you care, that you want to partner with them to help them achieve their goals and that they won't be just a number on a spreadsheet to you.