Obviously if you put near zero into a deal the returns are going to be high thanks to leverage, but high unexpected costs can wipe out years of profit in one fell swoop.

It fell in my lap!

I have properties in Hagerstown, if you need help, fell free to reach out

Each one of those areas has some blocks and properties that can make you money, but the neighborhood as a whole is always stuck in a boom/bust and crime cycle that prevents it from really taking off like Fells Point-Federal Hill-Canton. 

Single-family home sales fell 20.2 percent year-over-year, with 6,671 units sold, marking the second straight month of declines fueled by the COVID-19 pandemic;The Days on Market (DOM) figure for single-family homes grew from 54 to 58 days;Total property sales dropped 20.7 percent, with 7,917 units sold;Total dollar volume dove 25.9 percent to $2.23 billion;The single-family home average price fell 7.4 percent to $298,199, the first decline since January 2018;The single-family home median price was statistically flat at $249,000;Single-family homes months of inventory was at a 3.5-months supply, down from 4.1 months last May and below the national inventory level of 4.1 months;Townhome/condominium sales dropped 36.0 percent, with the average price down 2.3 percent to $206,146 and the median price up 2.9 percent to $175,000;Single-family home rentals jumped 11.9 percent with the average rent down 2.8 percent to $1,822;Volume of townhome/condominium leases fell 4.6 percent with the average rent down 4.6 percent to $1,586.Source: HAR

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $273,000

Cash invested: $40,000

Sale price: $400,000

Purchase to flip and moved in.

What made you inte...

Our experience was that the first loan fell through because the interest rate went up to 8.2%. 

It was supposed to close several weeks ago and fell through at the end.

Yes, sometimes those go hand in hand, but if you stay out of the drug house / prostitution hoods you can usually avoid the violent stuff.SCREENING: Yes, be sure to pull Credit and Background. 

I doubt you can get the Health department data as that would be most likely a HIPAA violation if someone fell ill on the property.