However, when I talk to new clients, they are not interested in these properties.

@Michael Beirne Lower priced markets such as Baltimore are very difficult to operate in utilizing entirely 3rd party support.

The town of Speedway itself is difficult because of the price points, but it has a really good ROI. 

Setting up the listing really wasn't that difficult.

If they are difficult, the current landlord may not give you a straight answer because they want them to find a place and move out.

If I read the story correctly, your client did not report rental income.

To have a chance at success it is critical to have a team that knows the city very well and that includes both your realtor and your property manager.The areas that look like you're getting good cash flow for an inexpensive property are often D-class neighborhoods where you'll have to deal with frequent turnover and difficult tenants.I'm not saying you cannot be successful owning rentals in Baltimore City.

@Joshua ChristensenI agree with you that brokers are not experts in zoning, but this broker should have told his client to go to the zoning department to verify.

Next, I tend to recommend that clients stay away from inflated HOA fees.

We can only hope future clients get their expected return.