That $1400 rent actually makes sense given the low purchase prices.

If salt lake city is a low cap rate market then its impossible.

Scaling with Business Lines of CreditAs your business credit grows, you’ll qualify for larger funding opportunities such as:Business Lines of Credit (LOCs): Flexible borrowing for down payments, renovations, or operational expenses.Unsecured Business Loans: Access up to $250K or more without tying up personal assets.These financing tools allow you to scale faster while keeping personal credit utilization low.5.

Screening is definitely an area I studied up on beforehand, and having a large graduate student population to choose from definitely gives me more confidence.

The suburbs have a number of good PM companies, but due to the low price points and rents, and the nightmare of dealing with the city and courts there, most of the good property managers in the general area won't touch Baltimore.

I would not make that statement, as not every deal is levered to the tilt - I know some deals that have very low leverage.

However you want to rehab and upgrade this unit, so you might choose to fish add a new breaker (circuit) and fish a wire to that room and add an outlet.

no rent coming in but expenses were low - just utilities and insurance. 

Interest has been very low since the property has been listed. 

Use private money lenders and choose a conservative market.