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Updated over 2 years ago,
Investment Opportunity Baltimore
I am researching a multi-unit property in Baltimore with great potential. However, some red flags caught my attention. First, the asking price is average in the area, but the seller's rent roll states that they are renting undervalue and not maximizing the building and surrounding area. Therefore, I would have to raise the rent and "risk" tenants moving out or get tenants to move in. However, my realtor advised me that finding tenants wouldn't be a problem based on today's market. I would like to have some input on which way to proceed.