With one house paid off, you're getting zero principal paydown.

@arjun k Those are my same principals.

Hey Michael, yes we felt paying principal & interest made the most sense, between 5-9 years & thus far we have felt around 5.75% makes the most sense.

if $0 liabilities, monthly debt allowance include PITI(principal, interest, taxes, insurance) or principal and interest only?

(KISS principal)I choose to rent here in SD.

In most states you need to have a license to represent 3rd parties.Having said that, you can do this if you are a principal in the deal.

So considering I'm paying down almost $400 in principal each month, I guess that means I'm still making out...in a way.

P&I $304.70Ins 40.00Tax 95.00MI 70.00PITI $509.70 ( principal, interest, taxes, insurance Are these calculations worth the payment?

It is:Gross rents x 50% = Cash Flow before debt service (the 50% includes taxes, insurance, property management, utilities paid for by owner, maintenance, vacancies, etc).Once you have that number, subtract your debt service payment (principal and interest), and you will have the cash flow.Without the actual rents or your loan details, it's hard to provide an accurate example.

This is the same principal that applies to lenders retaining servicing contracts on mortgages they originate and sell off.