Check with your lender, but they typically start at 2.5% of your loan amount.As far as appreciations, I wouldn't put all my eggs in this basket but I would encourage you to look at 12 - 36 month appreciation cycles for the area. 

I will also strongly encourage you to consider local meetup with Freedom First Real Estate Investor’s Association, LTD (FFREIA) This local group has combination of new, couple of years and seasoned real estate investors.

@Mark Sewell @Peter RoehrichThank you both for some words of encouragement!

Encourage the buyer to investigate if you aren't sure and they aren't sureDon't hard sell or try to put a buyer in a property that you don't think they will be successful withDon't get upset with people, even if they are yelling at you.

The reason being is that there is an over supply of housing in Baltimore City so there really is no reason for the city to be encouraging more units on the market.

The innovative and entrepreneurial spirit of my employer has encouraged me to pursue my own investments.

Thank you for the feedback and encouragement.

With the changes in law you should be able to transfer the property into the LLC after the purchase is complete, but I would encourage you to talk with an attorney and have them review your situation specifically.

If you feel you meet these minimum requirements, you are encouraged to apply.● Criminal Records and Convictions may be grounds for denial.● Household Gross monthly income must be at least three times (3x) the monthly rent.● No Evictions/Broken Leaseso No outstanding debt to housing providers of any kindo Proof of honorable reconciliation requiredo Positive re-established rental history required● All bankruptcies MUST be dismissed or discharged.● Credit approval is subject to credit risk fee below 620 and potentially additional security deposit.● All residents of the property 18 years of age or older MUST submit an application and completea criminal and credit background screening.● Smoking is NOT permitted inside the home or garage.Hope that helps!

If you look back across folks that have built successful flipping businesses, you'll see they almost always exit...mostly to teach...large profit centers in intellectual property...or they start to lend...or move to buy-and-hold.If you're a contractor or love construction, flip away...or limit your flipping to 1-2 properties a year while focusing on buy-and-hold....Again, this is all relative, I'm just trying to encourage you to weigh the options and gain the opinions of folks that have been down this path.