-does the interior need cosmetic updates - paint, carpet, lighting, or even heavier cosmetics - appliances, kitchens, bathrooms?

This may be a dead end but the fact that he finally at least gave me some numbers shows me there is a glimmer of light at the end of the tunnel.

Purchase price: $104,000 Cash invested: $20,000 Deal Deep Dive: Strategy: Buy and Hold Mid-Term Rental Buy Box: - Within 15 minutes to a major hospital - Within 10 minutes to a Starbucks (LOL)- At least two bedrooms- Light Rehab Only (paint/floors/decor)How I Found the Deal: '- networking with fellow local agents (I am an agent, for context)How I Negotiated the Deal: - Gave the seller what they were asking for to get in contract- Negotiated seller credit based off inspections - Told the agent who brought me the deal that HE could represent ME in the deal, which made it a win-win-win.

Buy Box: - Within 15 minutes to a major hospital - Within 10 minutes to a Starbucks (LOL)- At least two bedrooms- Light Rehab Only (paint/floors/decor)- Furnished Finder Expected Rental Income needs to be 25% over PITI How did you find this deal and how did you negotiate it?

However we see light at the end of the tunnel: we can pay off the mortgage in another 2 yrs and avoid the balloon payment, then we calculate finally earning profits during the 6th year.

Does anyone have experience landlording in Baltimore City that can shed some light on the nuances and details of being a landlord in Baltimore (e.g., things to be aware of)?

Maintain 'light and air' feeling.

In this blog series, we will delve into the intricacies of the eviction process, shedding light on the typical duration from start to finish.

With owner financing, you can usually put a smaller down payment down (15% or so) to get in, then drive the value through improvements or rent increases to market.I always look for light to improvements and mostly rent increases with month to month leases or vacancies to get the best deals that I can move the rents faster. 

The tenant stated they broke one of the hanging glass light pendants.