So, loosely, if you take the monthly rent and multiply it by 12, then add in attorney's fees and court costs, you can be at $5000 quite easily.Since your five evictions technically fall under this new legislation, you might get caught in this net. 

That becomes a powerful multiplier.

So multiply that by 12 and divide that number by your down payment, closing costs and rehab if you did one.

So multiply the ARV (After Repaired Value) times 75%. 

Then I multiply by that percentage by the amount I would like to purchase the property for and figure that eventually the property taxes could be that number. 

You also just increased the chances of mismanaging your LLCs, the more entities you have the more your managerial functions multiply, you don't have just one escrow account to manage and balance, you have multiple accounts to tend to.

Whatever is left multiply by 4 and that is the amount you can finance on the next property using 100% VA loan.

Let me preface this forum post by saying that no one is an actual dummy when first starting out, but to grab your attention I had to use something good :) Cap rates, gross rent multipliers, cash on cash return, internal rate of return, ROI, 1% rule, and the list goes on in terms of underwriting calculations you must know as an investor.

Now, multiply this by 100... 100 of us have found 100 deals, made 100 improvements, and raised 100 property values. 

I'm doing $75 per sg ft and multiply that by 15% for some safe zone.