Screening tenants is a crucial part of being a property manager and if your property manager only uses the 3x multiplier rule; that is a huge red flag.

Come up with your price per hour and then multiply it by the hours you think you will be dedicating to the project.

Don't start with cap rate, gross rent multiplier, 1% rule, or any other metric.

Some appraisers might rely more on the depreciated cost to value the adu or use an income approach multiplying the market rent by the average grm (gross rental multiplier).

So they multiply quickly.Most states feel it is the responsibility of the landlord as there is no real way to prove where the bugs came from.

If a building has a total square footage of 100,000, with 85,000 usable square feet (which is to say 15,000 square feet of common areas), the load factor would equal to the rentable square feet divided by the usable square feet, or 1.15.Building Rentable Square Feet ÷ Building Usable Square Feet = Load Factor100,000 ÷ 85,000 = 1.15This load factor is then multiplied by individual tenants' usable square feet to come up with the total rentable square feet.

Multiply the percentage of ownership by the appraised value of the business (asset, cash, property). 

So basically this would project me getting all my money back the first year and then multiplying it by four over the next four years, which sounds fantastic.

I am new to this and just want to take advantage of starting young as time is the best multiplier. 

Multiply the business’ total eligible deposits over theperiod shown on bank statements by the expense ratio provided by the tax professional to calculate totalexpenses.