Real estate's "gross rent multiplier" is Wall Street's "sales to revenue",  "cap rate" is roughly "P/E ratio".When evaluating markets and investments I tend to start with GRM (or lazily the 1% rule), then attempt to return a cap rate based on assumptions about costs, then I work my way to multiple years of projections (assumptions about inflation, amortization, tax benefits, etc), and if I am partnering with one of my smart friends I have to pull up an IRR (internal rate of return).I also look at regional employment levels, median income to rent ratio in the zip code etc. 

A good commercial real estate agent should be able to point you to one.

If you happen to invest in the areas I highlighted above would love to connect offline.

Liquid cash flow of $200 to $300 per month is only going to take you so far. 

On the other hand, if you invest $50,000 as a down payment on each of four properties, with a monthly mortgage payment of $1,000 on each property, you could potentially earn $500 per property or $2,000 monthly.

Welcome to the community, Jerem!

It’s in a trust there’s no mortgage value $650-$700 wanted to take out $150,000 for renovation and down payment on another rental. 

pretty small hurdle to have a good win as a private lender just get paid as agreed.now equity participation loans those can spin the needle pretty well ..

If I were to purchase (at a higher price) then the taxes I pay would be very different from their taxes.

Marketing and home improvement activities may count as well, provided they are directly tied to property operations.2.Time Spent by OthersThis ties back to keeping a logbook.