Right now if I were going to house hack all things being equal, & depending on price point I’d look southern pg county, Fort Washington, temple hills etc.

But as a HML our underwriting even in 2003 was to get credit tax returns and PG..

I currently live in PG County MD.

PG county is 20% Baltimore city is 12-18%, most others are 12%. 

Thus is especially true in PG County but can still extend into a few parts of the city or the other parts of the DMV.   

this is a business credit or personal (PG) loan ?

It doesn’t matter what the percent is only if there are slots available.  

most investors have 4 easy mortgage slots and then 6 more to get to 10.. to tie up one of those valuable mortgage slots for 50 bucks I dont get that one.. 

Chris its not legal to recourse or PG a loan in an IRA.. so I suspect not.. if it is  he has IRA trouble to boot. 

Glen S. lots of investors will warn you against war zonesthe guys that run my rei club all invest in low income areas and they cash flow like crazy1-absolutely  2-yes most in my group do self management( i prefer property management}i dont want another job 3-in my area any size works well4-if you rehab house just rehab to rent standards for the area,i was taught that even low income tenants want a descent place to live 5-i have never had any issues with insurance 6-high turnover and some tenants will damage property7-these properties if bought right will cash flow like crazygood luck to you seek out investors in your area that buy in low income areas and take them out for coffeegood ones with get you on the right path as with landlording in any income level learn the laws and protect yourself good luck