Not Going Well - Seeking Advice for Rental Property Challenges

[Ade Akingbade]

Last month, I purchased my first rental property in Baltimore for $117k and invested an additional $13k in renovations. Since then, I've encountered several significant issues:

1. **Air Conditioning:** The AC unit is malfunctioning.

2. **Basement Water Damage:** The walls in the basement are wet up to 15 inches, and it appears that water is seeping in from the ground.

3. **Neighboring Property Condition:** The adjacent row house doesn't have a roof, which may be contributing to my issues.

Additionally, I'm struggling to find a tenant. I'm considering selling the property, but the financial numbers don't seem to justify this move. A little overwhelmed!

I would greatly appreciate feedback from those with experience in property management or similar challenges. Any advice or insights would be valuable.

Thank you!