Your depreciation amount is multiplied by 2 to 4 because you can depreciate the entire purchase price of the properties which includes the portion the bank finances. 3.

That said, I'm not an expert, so it could be that it isn't the best soil in the world.If the land rents for $8000/year at market rates, is there some standard multiplier I could run that would determine potential overall value? 

Multiply that by the national average electricity rate as of June 2020 ($0.13 per kWh) and you'll find that the typical American family has electricity bills totaling $1,450 a year.

To estimate the rehab cost, multiply the square footage of the property by the rehab cost per square foot.

Then continue multiplying that as I go along frugally. 2.Quit my 9-5 within 5-10 years and make investing my job.

CA is great at allowing you to multiply your capital quickly because cap rates are low, and sale volume is high. 

WRT to RETs, I pulled the last assessed value and grew it by 3% multiplied by 2%.

But prior to this coronavirus pandemic, if you were under age 59½, taking a distribution from your 401(k) would trigger a 20% federal tax hit and a 10% early distribution penalty which doesn't sound smart to meI want to know if now is a Smart time to take that money out and invest it else where where it'll multiply.

Also understand and calculate Gross Rent Multiplier, Price per door, debt service coverage ratio, breakeven occupancy, to name a few.Also if your partner knows a reliable, repeatable way to make 8% in 2 days in the market, then yeah, why would you not just do that?

Multiply that by 25 years (conservative because you do NOT draw on principle in RE, like you do in stocks) yields a normalized value of 300K.