I understand the mortgage rates are lower for second home compared to investment property.If I decide to rent this property in the future for any reasons (airbnb or leased), is that illegal?

Great foundation, but will not compare to real world experience.

First, Rentometer is great for a ball-park figure, but it doesn't take into account a lot of information on the house (type [SF vs. duplex], square footage, condition, finishings, etc.)I would recommend reviewing rental listings on Zillow/Craigslist that are comparable to your in-laws house so you can get a better idea of what rents would be. 

how do the tenant laws compare? 

With my W-2 income, I can still qualify for a 30-year fixed rate loan at 4.625% (a no-brainer in my opinion)2) I have capital that I need to deploy and the measly 3% interest I'm earning simply doesn't compare to how those funds could serve me in the rental market.

This is easy to do by having them provide recent photoshoots for you to compare.

Asking price: 319k Accepted offer 319k with 7k in concessions for closing.Financing: Traditional loan with a mortgage broker 5% down 95% LTV. 

This is where you'll have to compare the returns you're getting on the current property to the potential you can make in the new market.Hope this helps Rick and good luck out there!

Hi All, got a question about property management just so we can compare numbers.

Anyone in the business in Baltimore will know those areas so they are good to compare to.