Look at 2 to 4 unit building that you can use your mortgage slots for.. cash flow is better and your there to over see it.. nothing worse than being 3 states away and your having issues.

You'll find a lot of great people (and a few sharks) in the Baltimore Real Estate Investing community.

IMO in most cases land contracts are offered by sharks looking to increase their income from a property and they have no expectation to actually convey title to the purchaser.

So you're getting a better equity position than turnkey and you've got a property that's cash flowing, it's just not been fully rehabbed.Better equity doesn't mean 20% equity you ambitious sharks!

In analyzing properties to determine if they will cash flow or not, I feel though that the margin is always razor thin ($20-30).

I've found nice pool tables there too, as well as video games and slot machines....

If you're looking to invest in the City of Detroit, you need to watch out for the sharks, trying to sell you Class D crap, misrepresenting it as Class B or C.Many investors make the mistake of trying to invest by zip code in the City of Detroit.

Someone has a unit and people are swarming like Sharks!

Others have to use a HMS (hard money shark) and they're paying very high interest, which makes the payment way higher.

@Richard PurdyLearn how to sell stock options, trade futures, become a loan shark.