Were you aware the PM had not collected the rent? 

It provides great hold and buy data that can be changed to see different results.

or am I just buying the rights to collect rent and responsibility for taxes and fees? 

Construction, for example, will add risk to a project because it limits the capacity for collecting rents during this time.

IMO, if the unit is vacant they should be hungry to find you a quality tenant, not collecting $100 while it sits and you lose money.

And working with lawyers and collection agencies.

@Brittany SimmsIt is always best to do your research before you go look at the property so you know exactly what you can offer and back that up with comparable properties and market data. 

So I was thinking that a system like RUBS, if not generally applied in the area, would increase paranoia and increase turnover, besides the additional work and expense involved in billing, getting the bills out, and collecting it.

So besides not collecting rent, we spend over $12,000 in rehab, upgrades, all unplanned.

I’m leaning more and more towards downtown Baltimore market, I have an interest in getting townhomes aiming towards college students, young professionals and hipsters, for some reason I just have an interest in inner city townhouses rather than suburb properties, is there any set data on what is a better investment ?