UPDATE: CLOSED A RENTAL PROPERTY 8/16

[Ethan Kramer]

My previous post: 

https://www.biggerpockets.com/forums/12/topics/740552-closing-a-rental-property-in-a-week-and-need-a-lease-contract?page=1#p4361812

Acquired my first rental property in Morrell Park, Baltimore at $70,000 exactly a month ago and did some rehabilitation - modernized bathroom and kitchen, painted all the walls, replaced doorknobs, installed 2 more window A/C units, and lightings. Did the majority of work myself and spent $2,800 in total, including landlord insurance and cleaning services. Also hired a property manager as I live 45 minutes away from Baltimore City. We received our first application within 3 days on the market and the tenant has moved in last night at $1,250/month until October 2020! This is beyond exciting and has boosted my confidence to continue investing in real estate. A big thank you to the BiggerPockets community for all the valuable advice. If you would like to see photos of the rehabilitation, have any questions, or would like some tips from an amateur, let me know! :)

Best,

Ethan