However, it's important to recognize that some income is better than none, particularly in today's challenging rental market where securing tenants can be difficult.Additionally, if you require assistance managing your property, I am affiliated with a property management company specializing in comprehensive services for long-term rentals.

300k - 5% down at 7% yields about 2800 mortgage, PMI, insfor easy number after reserves for cap-ex, repairs, vacancy, water/sewage - $3800I do not plan to live in the property.

If the seller has already discounted the property considerably to justify the work needed, then you have to take that into consideration.If the seller is trying to sell the property full price needing repairs that’s a whole different story.Roof or foundation.No, I offered $5K below asking after they slashed the price by 20K 

Does anyone know if there is a way to do more advanced searches using the MD Dept of Assessments database or perhaps through another online service? 

Morning WayneWe are a construction service/investment company on the hunt for projects in our service area of Central and Southern Indiana.

For example a DSCR (debt service coverage ratio) type loan looks at how a rental performs to determine how it qualifies for a mortgage.

After many years being out of the house biz I'm getting back in and seeing a lot more competition for leads.

I have come across Beycom, but there is little info available about them and it's not clear if they provide title services unless listing and transacting the sale through them. 

Greatest advise I could give is tell all of your friends and acquaintances that you, after a lot of thought and consideration, have become a real estate investor.  

After finding a  suitable borrower to place your money with, but before the money trades hands, be sure to underwrite the deal thoroughly.