(on the chart the monthly mortgage fee is multiplied by 4 assuming I hold the property 120 days)Or is it realistic to be able to find a 250k home that needs almost 40k worth of work for 160k?

Reviewing the policy it looks like the premium is set to ~600 for both houses, but I can't get the bill we got to square with that if I multiply by 12, 4, or 2.

Sale Price: $4,950,000NOI: $567,000Number of Units: 238Gross Rent Multiplier: 3.2Cap Rate: 11.5%While I understand the tenants are all low-income and the building has a not so good reputation, can anyone provide some general feedback on this place?

GRM (Gross Rent Multiplier) is one of the standard methods of appraisal, but the secret sauce is knowing the expected GRM for that type of property in that area.

I would be really interested in knowing what signs you are seeing that tell you giving up a 3.25% 30 year fixed rate is a good thing.I personally have used this strategy in the Bay Area and it has been a force multiplier in my real estate growth. 

, find out the price per sq ft it sold for, and multiply that to your properties sq ft.

Investing is risky, starting out even more so, investing from a distance without considerable first hand experience multiply that risk by 10, 20, 100.

How would you keep multiplying your $$$??

Does this sound like a viable strategy that can be multiplied?

I definitely see the use of the wholesaler as a force multiplier for your rei team, but at the rate Paul is describing I feel tempted to buy the property direct from the owner just to teach the wholesaler a lesson.