I bought a property located in PG county of Maryland at auction.com.

(for context, i grew up in the DMV and went to school at UMD...left the area to work in NYC and now SF where things are completely unaffordable..thus i want to build credit and generate cash flow asap..). also, how would a neighborhood like brooklyn compare with something like fort washington in PG county near the MGM and national harbor..?

Did you need a PG for the BLOC?  

You will need to provide them with the property performance over the past 1-2 years and show them you have done your due diligence on the numbers.You will also need to show them your track record and ability to manage the asset.Read this guide, there is a whole section on commercial lendinghttp://www.biggerpockets.com/renewsblog/2013/06/21...As fas as the PG - If the loan is under $1 million it is hard to get non-recourse.  

I pay about $100 per sq for materials  and $70 per sq in labor (but my roofer is a bit rough around the edges and comes from Virginia to PG county) so he probably wouldn't be interested in going to baltimore for a job but that should give you an idea of price

If you google your name you come up as a 4th grade teacher in PG county. 

There was one Company recently that gave lead free inspections in PG County and it turned out they were scamming people.

Pg 85/154 from IRS Audit Guide: "Reg. § 1.469-2T(c)(2)(i)(A)(2): Gain on disposition generally is passive income if the activity was a passive activity in the year of disposition"Pg 84/154 from IRS Audit Guide: "Gain on Form 4797 and Schedule D should first offset losses from the same activity.

those are very favorable terms however I am going to go out on a limb and say that PG is what is carrying the transaction.

well that's what I meant.. add on lender penalty and non performing asset I suspect 100% wipe out plus having to come up with money to pay the lender.. tough spot.I know some friends of mine that had insurance company loans on Commercial during the crisis that had these terms.. and they walked from the projects.. no PG  but lost all their equity they did a 1031 and put 5 million in cash into this one shopping center that was costing him 40k a month negative because it did not fill up as it was suppose to.. and it was BRAND NEW in DENVER  OUCH..