Fast forward 3 years and I'm laying hundreds of SqFt of tile, replacing ceilings, and now I eat bugs for lunch (not really). 

When I think of cash on cash I think of how fast will i recoup my initial cash outlay.

How fast can they move?

I do want to point out a few things, per your comments.1) Cozy Express Payouts are $2.99 per unit/mo. with unlimited transactions. eRentPayment is $3 per transaction. 2) Cozy Express Payouts are at least as fast, if not a day faster.

Asking $139,900 and is wanting to sell fast.

I have been using $80 a unit per month so that adds up fast.

It's a relatively fast read, and there is SO much information in it.

This is the market to buy.Seller's Market I - supply dwindles fast, properties selling fast / very competitive, bidding wars start as properties come onto the market, time on the market is at it's lowest point, unemployment low, properties prices and rents rising, demand is at it's highest point, market will start to cool off at some point (can't last forever).  

In each situation, we calculate how much it would cost to hire out versus do it ourselves (counting any cost of  extra time it might take for us to do it- usually not much, we are pretty fast).

He played fast and loose with the numbers (I'm being polite) and a lot of what he said was more fantasy than reality.Anyway, YES, it is too much for a beginner to start with a million dollar apartment building.