I wanted someone to review my personalized calculator and suggest any edits.Monthly rent (and other additional perks)(less) vacancy lossGross monthly operating income (A)(less) Monthly operating expenses (B)Property managementProperty taxesUtilitiesHOA (if applicable)Repairs and maintenanceNet Operating Income C = A-BNet Annual Operating Income D = C * 12Cap rate = Net Annual Operating Income / Purchase priceDown Payment = (This is my own investment)Monthly Mortgage (Principal)Monthly Mortgage (Interest) Cash Flow Annual = (Gross Monthly operating income – Monthly Operating expenses – Monthly Mortgage (Principal + Interest) ) * 12Cash on Cash Return = Cash flow Annual / Down paymentTaxable deductionFrom Interest deductionFrom operating expense deductionFrom ownership expense deduction(Depeciation) = Purchase price / 27.5Saved in Taxes = Taxable deduction * (your income tax bracket)Increased Equity = Annual Monthly mortgage (Principal component)Total returns = Annual Cash flow + Saved in Taxes + Increased EquityROI = Total / Returns Down paymentWhat typical ROI is reasonable to expect from 2-4 unit multifamily rental unit?

The reason you don't find CPAs and Lawyers sharing firms, most of the time, is that there are restrictions in most states on the ability for non-lawyers to have an ownership share in a law firm, which limits the ability for lawyers to associate with other professionals.

My paycheck was in the one he takes home for his ownership.  

I also realized from a meeting I went to last week in Springfield, Missouri that you get to take ownership in your city.

It will depend on the LTV, and form of ownership you employ, plus some other factors, bit in residential lending, it's nearly always that they will make all record owners sign so the collateral is actually 100% of the property.

Feel free to check out our "Ultimate Guide to Vacation Home Ownership" on our site.  

When you take ownership you send notice indicating late or non payment will result in a eviction.

In addition - for our brand, we're developing technology in-house that allows us to screen renters based on a number of factors that keeps undesirable guests out (or less likely to sneak in) reducing overall cost-of-ownership. 

Does each new document imply a transfer in ownership of the property?

  (3) Deferred maintenance over whole neighborhoods can hide the true costs of ownership.