They will be a waste of time.You'll open your lending horizons if you can find properties worth more than $120K.Best of luckStephanie

Thank you all for your contribution be it by commenting or asking questions similar to mine.It needs to be known that I am an amateur in RE investing so this post/question is designed to help me broaden my horizon, and "see" this beast (RE INVESTING) from multiple angles and perspectives.Long story short - I have upwards of $20-$35k on hand, and I want to invest in my first property in Baltimore city or county. 

Specifically on discounting and NPV and IRR: if you come across those terms you can look it up and at least know what the idea is, even if you cant necessarily calculate it for yourself or understand exactly what it means to have a 20% IRR, you at least understand that it is a measure of ROI over a longer time horizon.

Its not enjoyable to do remote rehabs and distressed property in midwest and midsouth markets are sometimes in rough neighborhoods which is best left to the local players only.You can learn about syndications which do involve value play when asset is sold within their time horizons

In a Primary offering; how many of the companies offerings have successfully gone public and what was the time horizon for each?

I recognize that I could very well have rose colored glasses and there is substantial risk on the horizon. 

It all has to do with your time horizon, the deal you can find to deploy the cash into and your long term goals. if you anticipate using the cash flow to live on at some point or bearing retirement the lower loan amount and less doors probably serves you best.

But the overall demand to live somewhere that has 17 available units for every 100 renters means to me that there is at least no true crash in demand on the horizon, regardless of what values do or don't do.

I'm sure I overpaid for it, so live and learn, but I guess if your time horizon is 30 + years everything looks OK, right?

If you had a longer time horizon, I would say to put in the market!