Buy & Hold Baltimore City

[Bendrick Smith]

Hello Everyone,

My name is Bendrick Smith.  I been a memeber of Bigger Pockets for sometime now and I’ve soaked up a lot of knowledge during my time here. Looking to purchase my first investment property this year. 

I currently live in Northern VA area but I can't afford any buy and holds/flips in my area. So I been eyeing the Baltimore area because a couple of my colleagues own property there. The rental income they are receiveing sounds unbelievable.

I’m currently working with a wholesaler to find me a deal. There is one on the table that I’ve inquired about but I haven’t seen the property yet. Does anyone know anything about the Sheridan Ave area in Baltimore? 

The asking price for the property is 50k but can rent anywhere  from $900 to $1050. No work needed. New furnace, Kitchen, and roof.