It might have enough appreciation to offset all the money you throw at the house in payments and maintenance, taxes, etc, but if you want to gamble with your money, there's better ways to do it.I think you need to start with goals and decide if this deal lives up to your deal standards.

Either way, I don't think having a real estate license will be necessary, but it might make things more convenient if you invest locally.

And you might assume the busy street might be a turn-off but there actually seems to be a lot of demand for small residential on busy commercial streets because of the convenience factor.My last consideration is, regardless of what I end up doing with the property short-term, I think it will be a great buy long-term due to the high traffic count street.

A lot of people think, "Vegas, it's all about gambling" but it's becoming less and less about gambling every year.  

Here's how it would look (using round numbers for convenience).1.

You can automate rent and late fee charges every month and use it to track all the financials, including entering bills and printing checksThe mobile apps are convenient as well.

We're not talking SF-over-the-last-10-years appreciation, but I'm interested in predictable investment returns, not gambling.

In Baltimore City, there is a convenient section 8 landlord packet that the city provides.  

I'm not looking to sell real estate as a career at this time, I just want access too the mls and be able to look at houses on my convenience. 

You do not want the neighbor listing on mls or other network because you have no way of knowing what someone else will pay for the place (of course, it could also work in your favor but that too is a gamble).