If you factor in 4% in down payment and closing costs and $350/month in MI for 6 years, you are looking at roughly $40k in investment.

Most people dont focus on these because typical loan officers just say dont worry they are financed in your loan and you dont have to come out of pocket for them but still they are a huge factor in your total costs of financing.

Growth has slowed form around 8%/year to 4%/year and there are a lot of factors contributing to the slow down but the demand for housing is still strong.

@Tyson Lee Look into RUBS - A Ratio Utility Billing System allocates the property’s actual utility bill to the residents based on an occupant factor, square footage factor, or a combination of both.

I think the bigger issue is that it sounds like Brian would prefer to live in Baltimore, and that should also factor into his decision.

The home is rented for $1350, minus property management expenses it gives us $563.52 per month (I haven't factored in other expenses, trying to keep this post simple). 

You CAN go on title - you just want to either put it into an entity after the fact, or close and then do a quitclaim deed.   

(An X-factor is that I really don't know how to value a 6 acre wooded lot that's within the confines of the city, not way out in the boondocks).Any thoughts either way on this?

I was using the BP Rental Calculator to analyze an owner occupied rental property.  My NOI came out much higher than I expected.  I noticed that when I calculated the numbers manually I could get the same NOI if I lef...

When you're all considering calculations.. do you factor in the leasing fee (typically 50% to 100% of a month's rent -so on a monthly calculation it'd be 1/12th of a month's rent assuming 12 month leases) in addition to the PM monthly fee, too?