I feel like NY has the appreciation factor locked down.

If I did it I would drive around my neighborhood and drop off notes in front of houses that look like in disrepair.

There are other factors to consider, to be sure, but on that score I disagree.

Like with anywhere else: location, pricing and the overall house you intend to build will play a factor in your profits.

I would expect the one in his personal name shows on his credit report as a mortgage and the lender will factor it in his DTI.

The answer will depend on many factors since it is a commission-based business.

Don't forget to factor in an additional parking space for Brampton, and furnace dampers (most municipalities won't require either of these so it's I'd say mostly a Brampton specific thing).I think one reason rents are/were so high is the amount of students.

if there aren't any identical comps, or if they're 120, 140, 162, then you need professional assistance on determining it.you also have to factor in ALL your costs. 

I would always factor in PM even if you plan to manage yourself.You can still ask for a copy of the m2m lease to verify rental amount and what might be covered in that.

I'm from Austin so just a short drive away!