Usually the contracts aren't forever (at least in my market), so it's not a deal breaker if you bought with them, and wanted to replace after X months or even a year or more.

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 rental will be a condo and I plan to keep it forever. 

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...

Many won't even include basics like CapEx and maintenance saying stuff like - our properties are fully rehabbed even though appliances/roofs/HVAC don't last forever... in the projections and they like to cherry pick rent projections that are the highest possible in the area.A common scam is filling a rental with unqualified tenants who default and need to be evicted.

:As a true blue atheist I don't pay any attention to this type of babbling but if it were to happen no one will continue to exict so who cares.Do you really have to believe in any sort of God to believe that nothing lasts forever?

When going after pre foreclosures and it gives you default amount and the judgement amount of a property, do we factor in those #s separately?