Leverage can be very useful but also multiplies your risk. 

But I probably could not be happier with taking a chance on F&G.Like a few others, I came across F&G through Morris Invest and figured that I would get 3-4 "rounds" of applying for business credit and assumed that each round would multiply previous acquired credit by 1.5 or 2X.

That also means that you multiply the issues which are already amplified by the distance.

I didn't do the math, but it looks like if you add up your PITI and any other monthly expenses and multiply by the number of months of rehab, you get the holding costs.

Imagine $120.00 a door that  is closer to what I am getting multiplied by 1000 front doors equals $120,000 a month multiplied by 12 months equals $1,440,000.00 right?

If you are new to flipping, the good rule of thumb is whatever your renovation estimate is, multiply it by 2 and that's your real number.

Replicating that over and over multiplies the losses.  

Call it $5710.Subtract annual mortgage interest deduction and annual property tax write-off multiplied by the formula a CPA gave me that includes their top state and federal marginal tax bracket, divided by 12, from it, note that I'm not a CPA confirm with your CPA.

January – March Sales Volume - $32,594,800 (31% of the total volume in 2020)Number of units sold – 352 unitAverage price per unit - $98,832 (94% of the all-time high price in 2007)Average Gross Rent Multiplier – 10.63Citywide Vacancy Rate – 1%Average Rent Growth - .67%Good Luck in your investing.  

At this rate the volume will exceed 2020's volume by 20M.650 Units have soldThe average Gross Rent Multiplier is 10.99 which is 1% higher than the end of the year GRM in 2020.The average CAP Rate on closed deals is 5.34%Average price per unit on fourplexes is $116,663 which is 7.82% higher than 2020's level.Average price per unit 5 to 30 unit buildings is $84,800 which is up 7.2%There have been no sales of buildings with more than 30 units.The YTD appreciation rate is 9.87% which is impressive as it was negative 7.8% at the end of February 2021.