Demand has been high at the top end of the spectrum also and not just for rentals.

On the other end of the spectrum some foreclosures/properties that have sat on the market for awhile seem to be overpriced.

I think that the big difference in the OP's understanding and the situation in Baltimore is that being from LA where there is a severe housing shortage, especially at the lower cost end of the real estate spectrum, in Baltimore there is excess lower end real estate. 

Property taxes are higher here, but again, you are looking at stronger appreciation, greater neighborhood stability and an easier tenant to manage.Without dumping a spreadsheet worth of data on you about each school district, price point and rental value, you would want to evaluate where you want your investment along the Cash Flow to Appreciation spectrum.

Sometimes tenants will try to come to you with a Credit Karma report they've pulled on their own; and, sometimes, this will suffice for some landlords.......Not to say that they're wrong for doing so, but a more advisable step would be to conduct a full credit check which pulls back the full spectrum of reporting.

@Adrian Kar I'll second the advice you've gotten so far from @Michael Thompson and @Jeff Schechter , while this model is possible, it's often not what you think.On the worst end of the spectrum, you have a Morris Invest situation, where they sold the idea of buying sub $50k props that the investor then pays to rehab under the direction of Morris.

Remember that the word itself has little meaning today as companies across all spectrum are using it to advertise their companies.  

It's a tight market right now.I think clarifying where on the spectrum you are looking will go a long way towards finding the most competent person to help. 

It wasnt that long ago where most of us though, rates will never ever go below 6%, then we kept saying the same.Interest rate sensitivity in the real estate market tends to be a short term sensitivity, and it tends to affect properties on the cheaper end of the spectrum more so that other properties.

Suddenly I was not feeling so confident about my metal roof.With two roofers on the opposite ends of the spectrum, I decided to call in a guy I'll call roofer number 3.