I have left bathrooms almost 100% as I bought them, left older but functioning hvac items, and usually leave older siding (wood or aluminum).

As with all of Baltimore, it depends on what side of the street you are on. 

I also, want to invest on side mainly rentals and will eventually work my way up the scale.

A lot of buyers don't have the financial strength to obtain a mortgage; so, sellers and their agents get skittish.And the market is hot; so, sellers are getting all cash offers...or, at a minimum, offers from pre-approved buyers.Your DTI can be positively or negatively impacted by the positive or negative cash flow from the acquired property (rents less expenses and mortgage payment). 

Purchase price: $197,500 Cash invested: $57,986 Purchased this 3 family in Hillsborough County in NH as the rents were half what market will bear and heat & hot water are included.

I grew up on the Northwest side in Edison Park.Mark

Also, what was the quality of the on base housing compared to off base.As far as the destinations you mentioned, I know there are definitely opportunities in Oceanside, CA near Camp Pendleton and Desert Hot Springs and Cathedral City near 29 Palms.

We are beginning to move towards smaller multifamily deals 6-20 units and are wanting to pass that management torch to a professional company so I can focus on the acquisition side of the business.

If we have a successful call later this week and it seems like something both sides wish to pursue, I would certainly be open to visiting Memphis in the coming weeks. 

@Jon Klaus  Jon as we know this is all regional I am always amazed at how cost effective your builds are in Texas I have a 2.2 mil spec going in Charleston 2600 sq ftt and that's going to come out at 300 a foot. not including the lot of course.. which was 570k. in this instance no pilings but we did elevator 20k .. what does it in the historic district of Charleston is all the custom items you have to buy siding roof windows architecture 60k in hard scape landsape on a 4k sq ft lot.. that type of thing. when we are out of the BAR heavy duty areas we are building at 100 a foot or so..