If not, then you would be adding a lot of money to the economy and that money would be spent and cycled through and the impact and potential multiplier effect could potentially be large as we are a consumer consumption-based economy (70 cents of every dollar is consumer spending oriented).

Multiply that by a significant multiplier when you are evicting someone under the same roof that you see every day. 

Comparable sales and GRM (Gross Rent Multiplier) are valuation metrics used for 1-4 family residents. 

I found that out the hard way.The math is a little tricky IMHO, in that the money you get from AirBnb had the tax included, so if you multiply the amount you received by 3%, you are actually paying too much. 

That’s been another way I multiply my efforts.

That $1.20 would be multiplied by the number of days in the collection cycle to determine the base amount per machine for the collection cycle.   

My philosophy is pick your most expensive capex item and multiply that by 1 1/2 times.

@Corey Hassan I can't speak for all of SC, but here in Horry County (home of Myrtle Beach and North Myrtle Beach) a quick way to estimate your annual property tax bill on a second home or investment property is to take the purchase price and multiply by .0133. 

It's incomplete and you'll be way off if you take a low season mid-week rate from one or two listings and multiply it out, and likewise with a high season weekend date.

Many calculators screen scrape unsophisticated rates and just multiply across a band of occupancy estimates which can be pretty inaccurate.