Yes, I love that triplex for potential, esp if they do go ahead with developing that old high school complex as planned. 

I'm just gonna go ahead and guess that most people just make their own spreadsheet for what I want.  

approach this is just to multiply $122 by 12, divide by $8,000, and ask yourself if you can put that $8k to work earning more than that, in which case you'd come out ahead via arbitrage. 

If you want to pay ahead that will shorten the loan but most investors don't want too much equity (missed opportunity).

If I tried to do it all ahead of time I may have never gotten started.

But, I'm amidst absorbing all that I can from the Ultimate Beginners Guide on this forum and feel that I have a great, long path ahead of me!

Most accidental landlords actually hold a very poor investment and would be farther ahead to sell.

Do not be afraid of anything to go ahead and start.  

If not, go ahead and PM me your number please.

Ian is correct that the lender chooses the appraiser, but if you know who you're using (and you're pre-approved, pending the appraisal), there is nothing wrong with asking your lender if you can order an appraisal ahead of time from someone  on their approved list.