Generally speaking your basis is what you paid for the property if purchased in an arms-length sale, plus acquisition costs. 

I was recently approached by a wholesaling company about working for them as an Acquisition Manager.

My business and I are putting together a budget for acquisition of what will be our first investment.

For example, for commercial MFH I typically implement the following from his analyzer:Conservatively estimate expenses as 50%2% annual rent growth (again, being conservative)--I know this depends on the marketVacancy % = 1/[number of units in property]--ex. 1/6 unit, 1/8unit, etc.Ernest Money Deposit = ~1% of Purchase PriceCharge an acquisition fee since I'm procuring the deal = ~1%Charge capital transaction fee = ~1%Charge Asset Management fee = 1%Refinance after X years and sell after Y yearsGauge whether a deal is "good" if: Average Annual Return = 15%, IRR = 15%, Average CoC Return = 9%Can these measures be taken for 4plexes as well?

Acquisition ~$140K with ~$52K for rehab (the city is requiring updating garage for off-street parking).

Cash for the acquisition and cash for the renovations.

Total was 135k but it isn’t as clear because I including both acquisition and rehab costs.

Meanwhile you can do a cash out refi after you improve it and take that cash to use as reserves for your growing empire or for more acquisitions.

Yet, I just keep doing the same thing with each new acquisition and it just keeps making ROI north of 20% and appreciation to boot. 

Insurance doesn’t protect you from any part of the sale or acquisition of a property (e.x.