A lot of the Facebook groups that I'm in, have Buyers mainly searching for the cheap, boarded up (or burned up) properties to multiply their rental portfolio's. 

Just like sellers and listing agents might assume an FHA buyer has a rock bottom FICO, they might also assume they are barely scraping together 3.5% down, since many do in fact multiply target sales price by 3.5% and save up exactly that much money, unaware of closing costs, that things break in homes after you buy them, etc.

In my experience as a fix and flip broker and a rehabber, you should take the square footage and multiply by at least $60.00 per square foot in order to estimate the cost of rehab.

I take that final monthly number and I multiply it by 12 and then I divided by 52 so that I can have a weekly amount of what I need to hit.  Right now my families weekly core budget amount is $525.

We have calculated what we need to retire on and multiplied that by 2, this is our "WHY" & our goal.

Multiplex has lots of responsibilities to manage multiple tenants and other related issues which are multiplied as well.

You're looking at $400-$850 k for that multifamily in the south end, or $700-$1,200k for one in the north end, so you can do that math by multiplying that by 3.5% plus some extra for closing costs. 

@Justin Green  its funny in dirt deals... the sellers usually look at what lots are selling for then figure out they have X many and multiply that by full retail to come to their price.Just put Palmblad Meadows LLC in the mls search.. its in Gresham price 350 to 370k.27 homes 4 pre sold and 12 going vertical right now.. first closings mid dec  ( ya) 24 months from when we put it under contract.  

Find out what other similar properties in the immediate area are selling for and estimate an ARV (after repaired value)Multiply that times 70% Subtract guesstimated repair costs = most that you should offer (max that you ought to be willing to pay)Scrub (eliminate) the ones that are corporate or bank owned (you are not going to out- negotiate them).Just start talking to the owner(s), ask lots of questions, find a common ground and be patient.

Moreover, tourism has been growing very fast with tourism revenues being multiplied by 43 over 17 years.