If I do my calc and take 31 pads @$135 and use a 60 multiplier, I get $251K value. 

His $420 pm income was derived from the fact that he used $700 per month rent multiplied by .6 (for vacancy and repairs) to come to $420.Regards,Azeez

Also, taping and mudding requires skill and experience, so even your estimate for replacing the ceiling, taping, mudding, insulation, exhaust fan multiplied by 2 rooms is underestimated.

It's a coefficient you multiply your equity on.

Just remember any sort of historic renovations and maintenance are going to cost you much more than a standard upgrade, so if you're renting this out make sure your repair budget is at least 2x (a somewhat arbitrary estimate, talk to contractors who deal with historical renovations for an accurate ballpark on the multiplier for doing historic work) what you would otherwise budget for a non historic house .

Due to the current tenants obsession with the color gold, remodeling is recommended.As far as how to get a a property with no money, I believe you take 70 percent of 1 percent, multiply that by the ARV minus your repairs and wholesale fee and that’s your offer.  

From the information that I gathered on multi units, you take the yearly income on your investment minus the yearly expenses, then multiply that number by 10, which gives you your estimated value of your house.

I usually don't buy and then refi later, because you have multiplied your loan expenses by 2.

Multiply that times four (yes Ill pay myself rent to beef up my savings).I'm in a college town near a military post and two major plants.

In any betting situation, the odds and the potential win amount are multiplied together to determine a "expectation value".