Has anyone bought or sold a Midwest car wash recently who could share the EBITDA multiplier that it was valued and/or sold at?   

What would be the best way to set yourself up for success in multiplying your portfolio?

As I understand it, I now have the option of A) Multiplying 146,000 (purchase + capital improvements) by 65.5% for depreciable basis = 95,630 or B) Subtracting $40,000 (appraised land value) from 146,000 for depreciable basis = 106,000.

I usually use the highest number of the comps if it makes sense; same neighborhood,etc.) minus30% (for example, if ARV is 100K, I multiply this by .7 to come up with 70K.

Combining them multiplies the risk. 

However, since January 1, 2020, SB 329 and SB 222 have required landlords to accept to accept Section 8 and VASH vouchers and other forms of rental assistance and to consider them as part of an applicant’s income (as protected sources of income under fair housing laws).So what multiplier do you require for income:rent at your rentals and is the same across your entire portfolio?

Yes, you will have it on a car either way, but when that depreciation is being financed it adds a multiplier effect to that cost in my view.

As she was determining gross income she used average daily rate and multiplied by 355 days.

For example, people who invested in Cancun when it was merely a coconut plantation have seen their money multiply by thousands.

The FHA Self-Sufficiency test, to your point, says take gross rent and multiply by *75% then back out taxes and insurance and it needs to cover the mortgage + PMI in order to qualify.