For example we helped a client acquire a $1.5M oceanfront home that is pushing $180-200K per year and a $875k home (with no water feature) generating $125k gross revenue annually

As you embark on this adventure, it's important to equip yourself with knowledge and a solid strategy.

Sufficient infrastructure: Companies select locations with major airports, highways, and a large population of potential workers.

You may be serviced 3 times during the storm and a final clean up and salting after the storm .

Supposedly, the CS program has you find folks looking to get their deals funded and as the CS "broker" you get to charge the buyer a % which gets paid at closing.

Buy in a market not too far away, 30 to 1 hr from a decent city center where values are reasonable and a city push out with help your rent and appreciation. 

We believe that you set your strategy early on during acquisition, and as such, were primarily motivated by cash-on-cash returns and the strategy, with all of its pitfalls, did result in very reasonable IRR over the many years we have held.   

I currently have $350 dollars that is missing from a chargeback reversal from a tenant that has a document case with Amex and a statement to prove the money was sent back to me. 

The key is a great contractor and a clear, detailed, well-thought-out scope of work. 

Quote from @Polat Caglayan: How much do I need to invest for a house and a thousand dollar income?