But that statement is a gross over-simplification. 

Cash Flow opportunity and fully occupied - a long distance investors ideal situation. 1100 a month in gross rent collection (unit A - 500, unit b - 600).

Multis are few and far between with good numbers in Orlando, but there are some new construction duplexes in Poinciana/Kissimmee (South of Orlando) being built and sold for just over $300k with $2700-2800/mo gross rents and crazy low $4k annual taxes (Polk Co taxes are low) and $540/yr insurance due to being new.Some of these buyers I'm working with are jumping on deals and throwing in offers, getting some accepted and most out bid, but it's part of the game.  

The asking price is 460k, I'm coming to the table with 20k, the park grosses $4600 a month, my payment to the seller is $2200 a month plus i'm assuming a loan on the property in the amount of $1700 a month ($3900 all in a mo). 

Showing a gross profit of 20k

Many investors don't, then wonder why they keep having to put $10,000 on credit cards when roofs/HVACs wear out.Rule of thumb: 5% of gross potential rents set aside, whether or not the place is actually rented. 

@Cesar Perez does your gross rent include rental rate on the owners unit?

I’ve amassed about $91k in student loans and I’ve managed to land a job that pays around $95k gross (about $60k net).

Gross Domestic Product (GDP) per capita is often cited as a measurement of a nation's development or economic capacity.

That could be another change, gross to net.