Should I avoid Baltimore?
My partner and I are just starting out with RE. We are looking to do LTRs in the MD area. Currently every property we are seeing just does not have enough ROI or cashflow, except in Baltimore. We are finding properties in BALT that are cheap enough (100-150k) that we could purchase, do renovations and then rent it to make a pretty good cashflow. But with there being so many options we feel like we are missing something. What are we missing? Why aren't more bigger/experienced investors doing this?
We want to understand this market better before we make a serious mistake. Thank you!