Investing in 21229 zip code

[Jorge Ubalde]

Hey everyone - im seriously considering picking up an inv property in 21229 near leakin park. Any particular experience investing in that area? According to realtor.com the properties comps are about $100.000. This property is selling for $74,000. Is this an up and coming area of Bmore? From a numbers perspective mortgage est $540 including escrow. Market rent is $1050 on the conservative side. Isthis something that makes sense?? Feedback is greatly appreciated.

[Jorge Ubalde]

Ned Carey that is exactly my gameplan...rent out as section 8 housing. I perused through gosection8.com and found a lot of nice, updated and modern properties available for section 8 housing.

I have never worked a section 8 deal, any recommendations/suggestions? Who sers the tent? Section 8 or us landlords? What does it mean when it reads "no voucher necessary" on the section 8 listings? Do I still make the ultimate decision as to who will live in my unit?