One you actually get IN the game the opportunities will multiply.   

Generally your marginal federal and state tax bracket multiplied by the deduction.

Concrete will not beat it on the maintenance or economical front, granite will not beat it on the economical front...It's good to explore options but I would not discount what works and try to reinvent the wheel on something that will turn into a huge mistake because it's multiplied by 50 times.

We target a 3x equity multiplier of our investors in a 7 to 10 year hold period.

You can try your best to quantify this by saying its a 50% chance they will move out multiply that by $600 vacancy costs (2-3 weeks of vacancy). 50%x600=300.

The building is a little neglected but those are the best opportunities :)The $200,000 price seems a little high with the profits he is showing... use a multiplier of 2.5 to 3.0 of the profits to get a good faith value and consider any repairs and equipment age.

@Vu Trinh I’m not 100% sure how it works in Dallas but Houston has a tax rate that is multiplied by that appraised value of your home.

The formula I want to use to calculate this is: Multiplying the sq footage of the property by the rehab cost per sq ft. 

Then take your rate and multiply it by how much time you think it will take.

Multiply the time by an attractive  hourly rate - you buy the material (he picks it up) the part-time does the work AND YOU SAVE THOUSANDS OF DOLLARS - Sorry GC - bye- bye!