There likely won't be too many opportunities to just walk away and start fresh in life with zero mortgages, jobs, commitments, bills, etc. so grab it while you can!

While Fed Hill is suitable for the fresh-out-of-college crowd, there are some other parts of Baltimore City such as Druid Hill Park which are becoming 'up and up'. 

My duplex even looks like a single-family home, so this was not an apples to apples comparison. 2nd, they incorrectly downgraded the condition and quality of my freshly rehabbed property to match that of the older duplexes that had not been rehabbed in decades. 3rd, square footages were inaccurate by greater than something like 20%.

As Shamsud-Din stated, I believe it is much easier to use a screening process that is baked into the software you use to manage your properties.

Handing me technology is much like unleashing a sharpee wielding toddler in a freshly painted rental.

Plus it’s a floating rate, so if you are using it to brrrr a deal, once you complete the plan on that acquisition, refi it, and use the proceeds to pay it back down, the interest rate on that cost of capital effectively becomes zero.If you refinanced the existing property, your cost of capital on any subsequent new deal would be baked in at the new rate on your new debt.In regard to refinancing your current current property, I would look at your current return on equity to make that decision.

It might cost $100 to put in nicer knobs and pulls, but that, fixing crooked doors, and a fresh coat of paint can make an old kitchen look trendy and high-end.Eike

In terms of salary, one of my tenant renting a 3bed1.5bath house in south San Francisco, earns over 320k as a fresh college graduate.

You can either do a 203k loan which is a construction loan baked into your mortgage for the cost of the construction that needs to be done, or you can do the work yourself if you have the capital. 

I bake offers based off the cashflow and my current loan terms.