There are a few Dundalk neighborhoods I'd stay away from but for the most part it's a great area for house hacking/BRRRR.

Small multi-family is hot right now due to house-hacking (low barrier of entry), and future cash-flow. 

Anyone can live anywhere they want if they have the money, and sometimes houses are bought and then rented out without much background checking on the people moving in.

Those houses could rent anywhere from $1,600 per month to $2,000 per month. 

Everything in house.

I work for a local house flipper in the Greensboro area (Winston Salem).

There is a single family home that was divided and one half has been rented and an ad on small "house" that has also been rented mostly long term.

There's lots of opportunities in developing neighborhoods, but also seems a bit saturated at the moment.Also, definitely budget security (remote control cameras, alarm system, etc.) for your properties, as there are a lot of people who occupy themselves by breaking into houses and stealing anything they can sell.Lastly, there are a ton of contractors looking for a quick buck.

Consider house hacking when rates and prices are a little more balanced with reality.

If you don't trust your agent enough to tell you not to buy a house, then get a new agent!