Richard Werner did a fantastic job explaining all this in his book, Princes of the Yen.

I am in the process of evicting a tenant in Prince George's County, MD.

Don't expect to be talking to Prince Charles here with your responses, realized these guys work hard, some of them talk hard, and are not in the best of moods because they're sore or hungover.

Prince Georges county Maryland offers 20% return on tax liens.

. -30k yr appreciation at (3%)-30k princ paydown yr1, increasing each year after..Cons:- 17 more self managed tenants with more problems than my current 19 freshly renovated homes- All properties need reno- Properties are priced at value, not below value therefore I can't recoup renovation costs from finance out after value add.          

I sense a perfect storm coming for mom and pop landlords in the area.  I'm not really surprised that there is political movement around affordable  housing in this area.  It has been tough for lots of people in this a...

I'm starting out too and my main focus is Prince William and other parts of NOVA.

What about places further to the south like Stafford and Prince William?

(A)bove all things he [the Prince] must keep his hands off the property of others, because men more quickly forget the death of their father than the loss of their patrimony."

This sounds like the modern day REI version of the Nigerian prince scheme.