Yes, this true. 

True cash flow needs to be 50% net of your PITI, but we can use banking measures of 75%.

Quote from @Tri Tran: If what you are saying is true, you could pressure her to make this right by filing a complaint with the state board.

They should only call or knock on your door if there's a true emergency (life, flood, or blood type stuff).

That's when I became a true believer!

Is it true cashflow or phantom cashflow? 

If they believe this is true, why would the seller give you anything?!?

@Rene Hosman I can't emphasize enough that the true value of the sprayer is doing ceilings and doors.

Hopefully, they were honest about those year 1 and year 2 numbers and set the expectation that your true numbers will hit in year 3 once you start getting repeat customers.You're sitting on 800k.

The most deceptive content on the internet is half true and sprinkled with somewhat correct data and professional-sounding lingo to create an impression of profoundness.