So if you have the time could you let me know where or if I'm doing anything wrong. the comps I pulled are from Zillow on the closest properties to the addresses I can find.Property Card says the property is wroth 589k at 1,201sqft 3beds/2bathsthese are the properties that have sold in the area1)$542k 1099sqft 3beds/2baths2)$475k 1445sqft 3beds/3baths3)$565k 1859sqft 4beds/4bathsthe areas price per sqft is $415, so to get the comps as close as possible I'm taking the sqft and multiplying by the average sqft of the area to make up for the area sqft of the properties and then I'm adding or subtracting to the prices the properties sold for for a new price of...1)$583,3302)$373,7403)$292,000these are the new prices I get now to my untrained eyes?

Getting to the point that Ken made that all is possible till it blows up.There is no basis for using LLCs or entitites to multiply the 3 per rolling 12 mo exemption (from being a licensed bank) in DFA.  

In Georgia the same house may have similar taxes, but will look like this:50,000 FMV40% assessment ratio20,000 assessed value2.5% millage rate$500 taxesIn Alabama it might look like this:50,000 FMV20% assessment ratio10,000 assessed value5% millage rate$500 in taxes For a quick cheat multiply the millage rate by the assessment ratio and you'll get the effective tax rate and can use that to estimate taxes. 

NOI is multiplied by a cap rate that fluctuates under market conditions.This formula renders how the asset is 'actually doing' in the current market.

Determine and breakdown your ROI with and without appreciation, as well your monthly cash flow, and expenses multipliers.

I'm not sure if lenders lend on multiply properties being sold in a package deal so I'm not sure on which lenders to approach just yet. 

My older clients  I ask how old they are then multiply by 365 and tell them how many times they have spun this earth around.... 95 years old has spun earth 34,675 times... it usually puts a smile on their face.  

Beard,72/84 is a Gross Rent Multiplier.  

I guess you can always learn from your experiences but still does not take the sting away.If we would have purchased at $375,000 here are my numbers:Cap rate = 7.2%ROI = 8.1%Gross Rent Multiplier = 9.2 The financing gets a little trickier for 4 units and above.  

A good partnership should have a multiplying effect due to everyone bringing unique skills and strengths to the table.