Questions on buying first property for rental

[Pablo P.]

Hi Everyone, I got a couple of questions in order to do my first investment in USA as a foreigner. My plan is to buy a 150k property for long term rental in MD:

1- To buy through an LLC I need an EIN to open my the bank account. But, is it mandatory to also get the ITIN number in order to get my taxes payed? or I can pay just with the EIN number?

2- Which are the taxes that I will pay for owing a property in MD? I listed:

a- Property tax, 1.5% of the property value in MD. Once a year.

b- Income tax, 4,5% of income above $3000. Once a year.

c- Any other?

3- What is the best strategy to avoid the death tax when buying as a foreigner? I heard about getting an insurance or buying with a foreign company, any experience on this?

4- I got a lot that Baltimore -my chosen market- isn’t an easy place to start investing. What would be a good market for for long term rental property, with 150k budget?

5- According to my numbers, my net income for renting the property p/year would be 5.6%. Is this the average?

Thanks in advance.