General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated about 11 years ago, 11/07/2013
![Douglas Graham's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/162901/1695144124-avatar-dgraham1.jpg?twic=v1/output=image/cover=128x128&v=2)
THinking of getting into low income rentals
I was looking the other day at house prices in crumier Baltimore neighborhoods (no, not ALL of them are crummy, but many are). I see houses that are selling for about $40-50K that are appear fairly decent and seem (from the photos) habitable. I also looked at Zillow, which indicated that rents are at $800 or so. So if I were to finance the purchase of one of these, i would have a monthly mortgage of about $300 (roughly) and a rent that would bring in approx $800, providing a positive cash flow of $500. That certainly sounds attractive. But I know there has to be more to it than this. Does anyone here have any experience in renting in that sort of a market. I own three houses, but those were places I lived in, and then moved away, and kept. But those are in decent neighborhoods. Any advice you have for me would be very welcome.