I wouldn't live anywhere except Fells Point, Canton, and Federal Hill. 

Almost nobody that wants a 3-bedroom has only one car, except the occasional single parent with small children, or solo professional that wants a home office and guest bedroom. 

Therefore, your request for a Type 2 STR exceeded the maximum 12.5% blockface density and the only way that staff can approve this request is for the Board of Adjustment (BOA) to grant a Special Exception for the rental.Based on this information your STR permit has been cancelled.

The only exception is for on-site managers, like you'd find living in one unit of an apartment building and managing the building on behalf of the owner.

The best projects I've seen from my desk are folks who are doing hyper-targeted, well-researched deals that are generally in higher cost of living (there are exceptions) areas. 

There might be a few exceptions like everywhere else but you might want to check Airdna and you're gonna be able to draw conclusions right away.

The taxes here are high, but the price to rent ratio is exceptional and there is a huge demand for quality housing in certain neighborhoods.   

It actually went to auction initially on the 8th but no bidders except the starting bid which I believe was the bank.

Because I don't see any exceptions in it for those people who want to get out, who want to just sell and run.

I dont get much out of it as an investor except getting my son in a house vs staying in the rental market.