Multiply that by 300 and @Jay Hinrichs can tell you that story.

In your case, just take the $1000 and multiply it by .8725 (1-.1275) and that is your rent income and the difference is what you owe in taxes.

And then if you naturally avoid driving out due to the distance, problems (with the tenants or the property) could multiply or worsen. 

If you want to have money set aside for repairs until you have enough saved from the rents then calculate how much you plan on setting aside for repairs and multiply it by maybe 12 month.

As everyone knows, if we can create value added products (for ex: laundry, vending machines, etc are the basic ones) that saves the tenant money and also generates additional income for us, that revenue stream can be huge when we multiply it by the number of tenants..plus it gives us an advantage over our competition.  

But, by closing on it, cleaning it out and listing it on the MLS, we multiplied our profit 5-fold.This is a strategy that's worked well for us over the past year or so...

The younger you start letting your cash multiply the better.College is a great experience and you really shouldn't miss out on it.

I felt it's a small price to pay to multiply my efforts as wholesaling is going slow in this small town of 57000 people. 

Appraisers use what is called a GRM analysis to arrive at a value of income-producing building, which establishes a relationship between the Gross Revenue and Value by way of multiplying the gross revenue by an appropriate factor (GRM).

If you are wholesaling them, figure out the ARV, multiply that by 70%, and then subtract whatever the cost of repairs is.