Because if she's not on title, she can be a first time homebuyers/owner-occupant for any home she wants to buy, and take advantage of the preferential interest rates for owner occupants.Another factor is that if both are on the loan, they will both be liable for the entire debt, and it will hurt them going forward because of debt to income ratio if they want to buy more properties.He can always give her a life estate in the unlikely event of his death if it's an inheritance issue.

I start to look at different factors such as property tax rate, crime levels, rental rates, commute to work, whether the area is land lord friendly or renter friendly etc.

Both of these factors will bring your mortgage payment up. 

@Shane Zilinskas DSCR is not the only factor that banks look at.

So, cost of maintaining the LLC in your state can factor into the decision.

I’d guess time was a big factor.

That's a good average (and of course if you already have a servicer in mind you can just use their figure).Ultimately, servicing does factor in, however when you start stacking performing notes the servicing fees are pretty negligible.

@Gary Wildey There are numerous factors, and a huge one I would echo is what @Michael Dumler mentioned: if you don't have a team in ANY market (whether in market or OOS), it can add another level of difficult to your investment.  

And I would factor in this is not just multifamily development, but any remodel.  

There were certainly factors that a round two would make us more successful, and we made money each month, but not the amount you hear about from others.