Thanks to COVID, for a couple of years, you can actually make enough money to be cash flow positive even if you hire a property manager AND have mortgage payments. 

If you aren't familiar with Baltimore, I would suggest it's a hard no and say that you are trying too hard to make cash flow happen talking Baltimore and tax liens and auctions.

I purchased existing STRs that cash flow! 

Just focusing on the passive income you want to achieve will leave you chasing cash flow which will have you buying properties in worse areas with harder tenancies that seem to cash flow better, but will have large cap ex.Any time someone asks a question about where to invest and it can be anywhere, they aren't ready to invest and are opening themselves up to every pitch in the world on an area.

take into consideration I am getting a decent deal, and this property could Easily be worth a 100+ a sq ft within 5 yearsproperty pictures belowhttps://www.zillow.com/homedetails/1072-Fm-126-Merkel-TX-79536/62562011_zpid/

Start by leveraging what you already have—consider tapping into equity through a HELOC, house hacking again with an FHA loan, or increasing cash flow by converting a unit to a short-term rental.

,While no investment is completely passive, proper real estate investing should be relatively boring.You asked about the process and major considerations.

Inflation will push up rents over time, so at some point you will be cash flow positive.

I am a house hacker myself and have 2 properties here that now cash flow.

Today’s buyers want spaces that flow naturally and maintain functionality.