Multiply that by the 12 houses you intend to flip in a year and you just dropped your income by 60K in one year because of an ordinance that is currently illegal in the State of Oregon.Account ClosedHow dare you bring logic and math into this!

**Gross Rent Multiplier (GRM)**: A formula used to estimate the value of a property by dividing the property's price by its gross rental income.17.

Your financing costs and payment as well as your property tax will be based on price, so run 5 properties from minimum to maximum price for your criteria, that will give you your debt service multiplier.

yeah, a hell of a lot more right, a multiplier to this. 

Multiply that times 2 rentals or 5, and suddenly an LLC is a good idea, but transferring property in may have tax issues.

The gross rent multiplier is low, so it is hard to sell in the future.

Educating others is how I’ve been able to multiply my investing efforts across the country; so if you’re looking for some guidance and/or a partner, I’d enjoy the opportunity to call my next trip to CO a “business trip” and to come out and collect create some income together. 

An example of the taxes,   if a house is assessed at $100,000,   divide that by 3=   $33,333 and multiply by 17% =  $5,666 in taxes for a $100k property.       

Any advice for an alternate strategy that can multiply properties quicker?

Kids get older, expenses increase, and the drama in your life will multiply X fold if you can't provide for your family.