The article (and myself) are focusing on generating cash in hand so you can live off your rentals.Personally, I have 20 years to the traditional retirement age...14 non-leveraged homes is a much more realistic number for me than 56 leveraged homes - especially with that 10 loan lending limit.

There are 50 properties generating around $28K a month in gross rent.

There's suspicion (and I agree) that some auctions are auto bid-up by the website or another person to generate more money.  

Hi Nick, and thank you for your response.I am actually investing in the Beaumont, Tx area.It’s a good area, and rentals usually generate $1,000.00 - $1,200.00 monthly.The property is in good shape.From what I see all it needs is paint and new carpeting.

These guys are huge REITs or other mega investors that need to generate 400-600+ tenants a year.

Just need to make sure your property is somewhat central to some sort of attraction that would generate demand for short-term rentals (universities, airports, sport/entertainment complexes, businesses, long-term construction projects, etc). 

If the property is included in a Trust,, and you were the trustee (executor) of the trust and the trust was set up as in it's design to have the property be as part of a rental business then as long as it's generating income you can justify keeping the property,, If their are other beneficiaries and the property isn't generating income they could basically demand the property be sold so they wouldn't lose any more money.. 

I am purchasing a property that is projected to generate gross rents of $3,000 per month.

I always generate them myself.

Obviously you will pay more for the house that generates more rent.