It’s been an exciting (and sometimes chaotic) journey, and I’m always looking to learn from others while sharing my own experiences along the way.Baltimore is definitely a unique market with its fair share of challenges and opportunities, and I’d love to connect with other investors—whether you’re just starting out or have been in the game for years.

That said, I’d suggest adding Detroit to your research.

If you have any more questions, I'd be happy to go through more so feel free to DM me.

Tenants save money when using a shared meter, so there's plenty of room for error when calculating how to distribute the charges.

Quote from @Jason Martinez: Quote from @Brooke Spaulding: Hi - I'd also suggest looking at Hipcamp.

There are plenty of websites that can give you a good idea of property values in your area.

She's thinking of trying to assume the loan but I told her I'd try to see if there is a better way to move forward.

@Randy Fitzgibbons - I'd recommend going with contractors who have experience with deals like this AND have experience working with banks/lenders for 203K rehab deals.

For STR advice/insights, I'd recommend @McKenzie Stouffer - she knows her stuff!

This would likely take coordination with a tenant at some point - (ie - plenty of notice to them that they must vacate in order for you to sell the property)Since your current home is free and clear -  you could do a cash out refi or take out a new mortgage on the new house to be able to buy your paren't house and pay off the mortgage.