I built that into a $30 million company from scratch in 7 years then sold it. 

I mean if you own 1 million dollars in rental real estate and cashflowing 10k per month....what is there to worry about?

It looks like you stumped 1.6 million subscribers here! 

She took money out of the condo and purchased a brand new 4-bedroom home in Gardena California about 1/2 mile from El Camino College and rented the home to about 12 college students.When I met this girl she was already in the United States for only seven years, owned 15 properties including one in Las Vegas, Victorville California and I did the math and figured if she cashed out she was worth $2.3 million, at the age of only 28-years old.I have another friend who owns more than 6,000 apartment units in the Los Angeles, Torrance and Long Beach areas.

"One out of a million huh, so your saying there's a chance!"

Yes, a minor difference year 1, probably about a million dollar difference year 15/20. 

I have not seen many $3+ million property with a broker that the price was a guess.  

Point being, whether you are payin $100 for blinds, 10K for repairs or 50K for transaction costs, when you make millions off this stuff, even the 50K in fees/transaction costs becomes part of the game...a small price to pay to make money hand over fist, with mostly other peoples money other than your down payment.

Reason being is that there are a lot of big-time investors in Denver with hundreds of thousands to millions of dollars in cash.

I have several deals going exactly like this right now, and bet there's millions of these done with other investors around the country.You might want to take some investing courses to broaden your perspective.