All things being equal, our house is cheaper to rent than something similar with 1,000's of square feet of grass to keep wet.

Fair housing laws mean you have to apply standards equally to everyone.

I would have thought the taxes in 1 street would all be similar (all being equal brick 3br 1 bath basement + garage) –Surely this must be true, how could different amounts be justified?

That assumes $258K financed at 7% for 20 years, which gives you annual payments equal to the stated NOI.

3) seller pays state transfer tax and buyer pays recordation taxes 4)buyer and seller to pay equally

Even if the buyer offered to pay 3%, it probably wouldn't be greater or equal to the amount I could collect from the original wholesaler, (or title co.)

Are you suggesting that the appraised value is equal to one year's rent or is there a typo in your numbers?

The need for a co-signer or co-borrower is to make the lender happy; they want to be sure that they are going to be repaid, and apparently they don't believe it can happen with the borrowers that are on the application.All co-signers and co-borrowers will be pursued equally within the legal system to collect on any debt that has gone unpaid.

So your net monthly cash flow will be equal to (Monthly Rent/2 - P&I).Couple of things I will look out for is:1) Are the utilities included in the rent?

All things being equal, I would prefer the property management company near my rentals.