The new investment earns $24,000 a year, but the mortgage + the equity loan cost will be $22,332—and that’s before you account for taxes, insurance, maintenance, capital expenditures, vacancies, etc.

They will help you plan out the next year and capital expenditures and other tax advantages. 

That appreciation is great, it sounds like that investment is performing very well right now and will likely continue to do so.Some things I don't see listed in your example are vacancy and capex for the big expenditures.

While it can have an effect on yields and mortgage rates if it comes in higher or lower than expectations, it typically has a much smaller effect on yields and rates than the CPI report.Personal Consumption Expenditures (PCE)The Personal Consumption Expenditures (PCE) report is another measure of inflation.

Protecting the tenant and landlord with insurance is a smart expenditure for peace of mind.- If the property catches fire, through no fault of the tenant, the owner's insurance does not cover the tenant’s personal property or expenses they may incur while the property is being repaired.- If the tenants cause their neighbors to suffer a loss, through bodily injury or property damage, their Renters Insurance will provide protection that would compensate the injured party.

I've also considered modular multifamily homes since they generally cost less and would reduce my capital expenditure concerns.

I have The same thing going on with direct burial with house built-in the 70s and they're telling me I have to pay for trenching conduit at cable.

The new investment earns $24,000 a year, but the cost of the mortgage + the equity loan will be $22,332—and that’s before you account for taxes, insurance, maintenance, capital expenditures, vacancies, etc.

Account for costs associated with capital expenditures such as the condition of the roof, foundation, and HVAC.

So the partnership would be to split the down payment and other fees, redcue capital expenditure risk in the future, and we would like to do some work on the basement & backyard which is also going to cost capital.