A recent economic report by Tatiana Bailey stated that over 10,000 new residents flow into El Paso County every year which is constantly driving up demand in the area. 

If you choose to spend them in paying down the loan, that is up to you. 

It's updated yearly and is the best $40 you'll spend as a Landlord.

Realistically, if rents can't keep up with costs over the longer term, fewer people will buy rentals and there will be fewer options for those who can't afford to or choose not to own a home.

I grew up on the southwest side of Fort Wayne, which has been experiencing a lot of growth and development over the last 10+ years.

This assumes I will actually spend all this money.

You can spend as little as $100 to form an LLC, or you could use an attorney and spend $1,000 or more.

We also liked the way a SFH appreciates over time vs a duplex.

I have identified an ideal location, and the agent has informed me that the rent is $45 per square foot NNN, plus an additional $5 per square foot.Upon calculating the total annual cost, it appears that I would be responsible for over $80,000 per year.

There's over 8,000 lenders in the US...I can't speak for them all but this is what you should expect.