Pretty much killed their business.I have posted a ton on arbitrage and why it can be dangerous so I won't rehash all that.I will say that if you are young with little dough to blow, you would be much better off using the FHA loan program and buying a small multi family.

At this point, Baltimore city is one of the most dangerous places to live as a result of a police department that refuses to do its job for fear of being prosecuted by an incompetent states attorney for it.

I dont honestly think ive ever heard of a landlord or PM being held accountable for a tenant being careless with weapons (or any other dangerous tool) when the landlord had no knowledge about it beforehand..  

The danger now is that with the market run-up, they are showing you huge return numbers that they cannot sustain.

Talk about dangerous.

THATThis biggerpocket forum is known to be dangerous (at least for me) and has to be regulated by SEC,FDIC, you name it lol.

You were violating labor laws, and your friend opened himself up to a lot of legal danger.

. ($1500 cash flow x 12 months) divided by $400k purchase price.Using your out of pocket cash to calculate your return can be dangerous.

If you are underwriting this deal without these in mind, you are walking a dangerous path, as one major repair may cause your calculations to spiral.(3) Unpredictable Future Who's to say this renter stays here for a prolonged period?

My parents have a decent amount of friends that acquired apartment complexes for dirt cheap in Koreatown decades ago back when K-town was considered a dangerous place...before the billions of dollars came pouring in from overseas and all the insane amount of development that is currently still going on here.