And in my experience, bad tenants are by far the #1 most costly expense of an investment property. 

We also knew we had to redo the plumbing, which we did as soon as we took possession to let her know we want to make sure she is taken care of.

I was referring to a monthly charge to allow pets. have to be careful though if they claim it is a comfort or medical pet, most states wont allow you to charge more for a pet in that case.

But then we're back in the same boat of an llc not being able to take out a mortgage correct? 

We lose a ton of money if we are not careful.  

There are 12 years left on the base lease and 10 year options that take the tenant out to well past 2047.The lease is Triple Net and the tenant does everything even takes care of all the maintenance. 

If you don't care about cash flow, San Diego is great!

I plan on utilizing direct mail as a primary means to uncovering deals and have a few questions for anyone who cares to answer:1.)

I appreciate your story and the time period given as it gives me a good idea what I am dealing with, and that in some ways, I have more of an advantage than you did. 

If you're trying to go lead free (and you'll want to since Baltimore has some extensive lead paint laws) then be careful of seemingly cheap properties.