If we were not on the same page, my stress level would have been multiplied by 100.

With a multi family,  any mistake or oversight is multiplied by 3.  

How a great mentor can help you to multiply your success?

Let me see if I can explain with some numbers12/2014 - Bought Used truck for 22KIn 2014 and 2015 this truck wasn't used that much for business so deprecation when multiplied by the business use percent was only about $500 a year or  $1000 in total. 

No many prefab builders though will have a multifamily available, then the zoning of the land will be an issue, then multiplying the impact fees by the number of units.You are correct that the DC area does have a huge lack of multifamily housing.

(If seller doesn't cry, your offer is to high)You should have a credit line or you cash available and ready to perform Offer to give the agent a percentage of your profit on flip dealsBe serious, don't waste agent's timeHave your goals in place (business plan)Get your name on all auction companies mailing listAttend real estate auctions with your agentHave fun - this is a great business when you work it right - learn alternative creative financing and how to multiply yourself and activities and delegate as much as you can to others.Charlie

Then divide that number by the purchase price and multiply by 100.If the property is in a ‘D’ neighborhood, its considered more risky and investors would want to see a higher cap rate such as 15 to 20%. 

Looking at it another way, your 30% equity position after repairs does not jive with your price points or Gross Rent Multiplier for this market.From @Jeremiah Maughan's post, the income approach (roughly) would be around 44% equity using his best performing properties (1-5.5/9.8).  

Multiply times the number of secondary bedrooms, and you have an easy planning figure.

Multiply those 2 numbers together and that's another monthly expense.