I'm looking for LTR seller / owner finance deals that require $10k or less in down payment and that don't need much rehab (at maximum light rehab).

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.

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

@Donald A Brownlee Jr.If it’s in bad shape $75k seems light for a renovation.

But other than giving oak the amber tint that tough, oil-based poly imparts, I've always been a fan of keeping old floors as light as possible when refinishing.

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.

Maintain 'light and air' feeling.

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)?