im both a real estate agent and investor, but wholesaling was quite hard and didnt work out for me last time i tried (before i became an agent).On a small budget like this do you think i should spend this $3000 in stock options to multiply my money?  

I also asked for the previous utilities and the seller sent a word document saying Gas 310 per month, electric 275 per month and water 175 per month .multiplied those numbers by 12. gave me that as expensesthen took his rent income (all 10 units) multiplied those out for a year and said income. subtracted and said profit. 

With a "gross rental income" from a  management company in our area it will rarely, if ever, include cleaning fees/taxes in the gross.The ratio (gross rent multiplier) of $45,000 on a $400,000 cabin makes the numbers fairly hard to work.

I'm pretty sure its based on square footage of the space but multiplied by what?

., when i multiply the monthly gross x 12, in both cases its less then your stated annual gross.

Why not multiply your investing options exponentially, by hooking up with other licensees as well as other seasoned investors?

You can then use a Gross Rent Multiplier (GRM) to determine the ARV or back into a number using a CAP Rate.  

Why do you divide by 1000 and multiply by 3.5?

Once you have the cap rate for the area you can determine the value by multiplying the annual NOI by the cap rate.  

Because electricity and gas are monthly expenses they need to be multiplied by 12 to come to the annual amount.So $200 electric should be $2400 and $500 gas should be $6000 total for year 1.I would also highly recommend that you transfer the cost of both electric and gas onto the tenants as this would decrease your annual expenses.