But now multiply by that amount of money (by 37 properties for us) and very quickly you will say, "Uh, that would be $4,000 a month not going into my pocket!!)  

I just want to multiply my net profit by 3.4481% (nonresidents) write them a check and go on with my life. 

What is the $50k multiplier.

Finally, multiply this average by the square feet of the property to estimate its price.All the best!

Your finances are none of my business of course, but I would recommend refinancing those properties and using the so-called lazy equity to multiply your wealth even further.

I know with avalanche payment i can have all 3 paid off in about 5 years if i put all 3K into one property at a time.  

You definitely don't want to over-leverage, but this is a historically great time to borrow money on cash-flowing assets, and leverage is the special sauce that can transform real estate from merely cash flowing to multiplying your wealth.  

The 38k remodel estimate I came to by multiplying 25 x 1537 sq ft Plus the estimated Fire Repair ..$126kMakes a total of $164,425 is rehab I agree the asking price is too high, what price would make this a deal for you ?

A potential problem you may run into is you don't have much equity there.Here's how the bank will calculate how much you can borrow:They will take the appraised value of the house and multiply that by a set percentage, usually no higher than 80%.They will then subtract what you own on the mortgage from that 80%.So if the house appraises for 100k, they will multiply that by .80 to give you 80k.They will then subtract the balance of your note.

Good partners are not easy to find, but will multiply your progress.All You Need is a Roof#apartmentinvesting made me a lot of money and helped me to realize what the truly important things are in life.