They can also help you determine if keeping and renting your house in HB is best or not.

And do your own research to determine the ARV, hope that helps 

Now i am ready for my next property but want to keep this one as a rental, however i am having trouble determining total cash investment(to then calculate cash on cash return on investment), if technically ive been paid back that initial investment (and even had more than total cash investment).

Year 1 Lock down first investment propertyRent out current unit Develop relationships with contractors and establish remodel teamLocate hard money lenders and qualified investors in local marketMaster competitive market analysis and find opportunities Look at 5 properties a day to determine marketability Convert 2BR/2Bth unit into 3/2there are more but these are most important to me right now. 

New to the multifamily space but here are the numbers.Purchase Price: 225000 Annual Scheduled Gross Income 30,000, 3% Vacancy Year 1 and 3% Year 2 And Beyond, Putting in 3k Rehab For Appliances landscaping, No Flood Zone, 21%+ COC on a LTV to be determined...

We haven't signed anything an I am still yet to do a walk through to determine if the deposit is enough money to cover everything.At this point I simply broke down for him this is where we are financially if you decide it's time to move on.

We do look the reports over closely to determine why the score doesn't measure up.

That will determine the next step.

A good way to determine is to pay for airdna.co or do as I do myself.

After you determine the price point on the lots you work backwards form there and subtract all costs of the development and a profit margin you are happy with to determine the price you can pay for the raw land.