Actually those who are innovators and leaders benefited from all the other people's misery and misfortune, and multiplied their portfolios for pennies on the Dollar.Putting it another way: You can eat at McDonald's everyday and receive a very predictable but also unhealthy and lame meal.

@Corey Hassan I can't speak for all of SC, but here in Horry County (home of Myrtle Beach and North Myrtle Beach) a quick way to estimate your annual property tax bill on a second home or investment property is to take the purchase price and multiply by .0133. 

I did have approx. 20 properties and felt very confident with multiplying money when I cashed out my 401K. 

Now, multiply this by 100... 100 of us have found 100 deals, made 100 improvements, and raised 100 property values. 

If your estimated occupancy rate is 60% (for example), that is 219 days of the 365 available days (assuming all 365 days are available to rent), then multiply THAT by ADR.If your ADR is $200, for example, then the estimated gross rental income (GRI) would be $43,800 ($200 x 219).Here's a site that explains:  https://www.keydatadashboard.c...

There is a risk factor and that multiplies the more doors you have, but if you buy right and value add.

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. 

So multiply the ARV (After Repaired Value) times 75%. 

How is this multiplied to maximum effect?

One of the turnkey providers I work with is offering 1% a month gross rent multiplier with a tenant and under management.