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.

Multiply that by 32 units.  

Beside you seem to lack general knowledge which multiplies the potential for problems.

The real benefit of leverage (using OPM) is it multiplies what you can do with your own capital.

Personally, I would take 3 highly scrutinzed comps and determine a sales price per square foot; then, multiply this number by the subjects’ living area under air to come up with an estimated ARV.

I multiply that number by 0.8 and subtract repair costs from that number to ensure that they'll see an 20% ROI, which is very fair.

So you need to take the ARV multiply by the discount to ARV your buyers expect to pay, then minus out your wholesale fee to arrive at your MAO.

Leverage is the most powerful tool of the investor, since it's a multiplier. 

Instead of annualizing the GRM multiplying the rent x 12 & dividing the GRM by 12 to get the value do it monthly because it's easier to understand but yields the same income value.Monthly$1,000 (rent) x 75 (GRM - C area) = $75,000.Annual$12,000 ($1,000 x 12) x 6.25 (75÷12) = $75,000If you buy this way that's why you're told to hold properties because the value in the appraisal wasn't the intended use of the property therefore, it's the wrong value.