I would consult a real estate attorney.

We welcome the opportunity to connect and provide a free consultation, if that interests you.  

If you get further into your process and would like a free consultation, please schedule a time with me below and we can connect.https://bit.ly/Meet--DavidDSCR Highlights:• Interest-only available• Cash-out options• Can close as corporation or LLC• Unlimited number of financed properties• Only LTV, FICO, and DSCR required• Loan amounts between $100k - $3.5mm• LTVs up to 80%• FICO down to 640• 1-4 unit residential, 5-8 unit residential, 2-8 unit mixed use, condo and condotel

Serve as an advisor on the company's board and actively be consulted for operations.2.

I have no insight into the Maryland market but you're doing the right thing by consulting with experts on here.

Hire a consultant who has the CRE or CCIM designation 

Hi Jagger-Great question.I am a fellow Michigander from Ann Arbor.Nothing against Maine but the Midwest has seen some of the strongest rent growth in the country.When I consult with my clients, if they don't have the budget for a market like Ann Arbor, I direct them to Lansing, MI.The cashflow is strong, the economy is stable, it is the State capital so there is always economic development creating new jobs, the price point is relatively affordable because the cost of living is lower there, and appreciation is predictably linear.I also advise investors to buy duplexes and up so you always have a rent check coming in most of the time if you have a vacancy.

@Matthew KaukIn my opinion pay the $300 an hour to consult an attorney and they will give you the best advice for your personal situation.

When you start your real estate investment career, don't forget to do extensive study, consult with knowledgeable investors, and move cautiously.

Consult your tax advisor.