That's my rule of thumb anyway if you're going to put in all the effort.From a passive standpoint, a real estate growth fund or syndication focused on multifamily targeting annual returns in the 17-20% range over a 3-5 year hold period would multiply your equity better than any buy and hold SFR would in Denver right now.

You are taught to multiply the width by the length and that will give you the total square footage. 10 x 20 = 200 square feet.Now you walk into a new room that is 12' x 14'.

of $51,415 I multiply that by .5I subtract $5,000I estimate repairs by taking the square footage (1,400) and multiplying the square foot by $20 (assuming a gut job).Here is my math:51,415 x.5 -5,000 - (1400x20 = 28,000) = -$7,292.50Is that right?

I predict your long-distance maintenance woes will continue to multiply.

your first item to consider is how much can you afford and how much to you carry in monthly debt...IE; credit cards, car loan, etc...Take your gross monthly income and multiply it by 50%...that is how much  total debt you can carry and qualify for a home.

My guess is they came up with the square feet by multiplying 64' x about 42'.1.

If the bank is going to provide the means to acquire, reposition or refinance for more cashflow, then why are you parking equity in an asset that isn't going to provide you a multiplier effect on income.

Now multiply that by hundreds.

So if your primary home is worth $700,000 we would multiply that by 80% = $560,000. 

You take the After Repair Value or ARV and multiply by .7 or 70%.