Mathematically speaking all of the limited partner's outside basis (80% interest) would have to be multiplied by .63 to compress to 50%.

ROI comes into play more in the case of a non-performing note that you foreclose on and then sell the property, or if you get the note re-performing and then sell the note.One way I've seen ROI used in the "performing note held for cashflow" situation is to take the monthly payment multiplied by 12 and then divide by your purchase price.

It would seem that maintenance risks are only multiplied which is one of the main risks that pops into my head.

To calculate the B/S/H, you take the $140,000 ARV, and multiplied it by 15% which equals $21,000 [$140,000 x .15 = $21,000].You decided that your profit should be $10,000 as the Assignment Fee for a wholesale.The Investor Buyer’s profit is calculated by multiplying the Rehab costs by $1.25 to get $19,000 [$15,000 x $1.25 = $18,750].Now, plug all these figures into the MAO formula and you calculate that the most you can offer on this property is $75,000.

From my understanding the Total Profit if Sold figure is calculated by taking the current value of the property and multiplying it by one minus the sales expenses for your realtor and then subtracting the current loan value and the cash you have invested in the property (i.e. any private/hard money you couldn't pull out when you refinanced into a traditional loan.

I don't have a quick and easy multiplier to use.

Quick math – Divide current SEV by the taxable value then multiply but the 2008 taxes (be sure to subtract out any water / sewer / garbage / special assessments before you do this).

Sellers of Multi's are more savvy than those of residential properties and will base their pricing on a gross rent multiplier or CAP rate.

Now, here is a question that might draw a facepalm (esp those who know how street-to-street Cincy can be), but here's a question: Around Norwood, what would you say the typical 1) cap rates, and 2) gross rent multipliers, are you seeing for properties in that market (let's assume C class properties, or well cared for/ rehabed Turn of the 20th century houses in that area)? 

What exact do you have on your hands other than your money not being very well leveraged and the maintenance of a big headache with little to no cash flow.R2d2,You do understand that you multiply that $200 per month by the number of rentals you have.