I'm aware of the "multiply by 60/70" rule of thumb, but am looking for something a little more based on recent actuals.In Albuquerque, which is the market I'm working to make offers in currently, I'm seeing prices per pad slightly north of $25k in recent sales.

I prefer MFH versus SFR because I'm able to multiply my cash flow while keeping my CapEx relatively small.

The number of people on the auctions has multiplied and there is much more competition nowadays. 

Not only does the appraised value get multiplied by 6% rather than 4%, but the millage rate is significantly higher as well for investment properties.

So to calculate the rent to home value such that I can apply the 1% and 2% investment rules of thumb, I multiply by 12 and then invert.  

To do this, take the purchase price and multiply by 11.5%, that will get you close to assessed value.

@Joshua D.Josh: Come up with a number you want to live on in terms of cash flow then multiply it by 1.2 times. 

Now in 2013, we want to multiply our reach and really looking to expand our business big time.

Others value parks per space so 33 * 15k (or other multiplier, could be anywhere from $10-20k) = $495,000. 

There equitable returns are a multiplier.