Multiply that by 10 total rental buildings, and you can see the premium jump significantly for your overall portfolio ($3k in this scenario). 

Late fee is $77.50 and then the rent also is 1.5% after the first five days which take 18% annual and divide it by 365 to get a daily interest rate then multiply 1550 by that. 

What you’re counting on is even a slow rate of appreciation, say equal to barely inflation, called it 2-3% being multiplied by 4 or 5X because you only put down 20-25%.

House-hacking will be uncomfortable, and that discomfort is multiplied when you live in an unfamiliar place.

For market pricing, I collect LTR data from BP rent calculator and multiply by 1.5x.

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. 

By focusing on multiplying investor returns, we build lasting relationships based on mutual success.In this industry, it's not just about making money for yourself.

Also, your total returns go down without any leverage because you lose the multiplier effect of appreciation.Now, to answer your question.

Open a corporation and start building business credit.2.Leverage Credit to Multiply Capital: With strong business credit, you can secure $50K to $250K in funding through business credit cards and lines of credit.

I think about taking these few issues and multiplying them out times ten (that's today, and hopefully in the future 20X or 30X) and it just makes me depressed thinking about it.