The neighborhood is street-by-street from D/C class all the way to nice big historic homes. 

To answer one of your questions : Banks will typically underwrite the real estate (using the rent roll and historical operating statements) and the borrower (using tax returns) and issue a term sheet subject to a number of items - including proof of funds/liquidity, appraisal of the property etc. 

Historical PricesSource: https://www.financialsamurai.com/are-you-a-real-mi...We had the dot-com bubble in the late 90's, followed by the housing crisis (collapse) of 2008, and in my opinion the dollar is the next bubble, see Forbes article below:https://www.forbes.com/sites/kenrapoza/2015/01/26/...Additionally, if you do agree that there is a much higher inflation rate than the Fed reports, stashing cash and earning interest below 8% is a LOSING proposition.

I will look at the Baltimore historical sales if they have it available and do some due diligence on what people bought. 

You can check Craigslist for current comparables & possibly check with a Realtor for historical comps.

We're also trying to preserve the character of this property, as it's gotten a lot of attention from locals due to its historical significance.Can't wait to see what these next few months will bring...

They are breaking ground on a 39 acre "City Center" right at the intersection of 441 and 436 at the historic Highland Manor.

Is there a certain historical ARV # that is one of your investing criteria?

Robert Kiyosaki stated that the historical market crashes every 8-10 years.

My wife and I have two Airbnb properties in the Coronado Historic neighborhood and they both do really well.