So in conclusion, it would be financed as a conventional with 20% down ($100k), and out of the $400k, $300k will be at 3% and the remaining $100k will be at the current mortgage rate?

For them, there was very low risk, because they knew how to gauge the after-repair value and set terms in their favor. 

Taxes low at $2839.

I've been researching the area, but I would love to hear from the experts here about where I should focus my attention.Specifically, I'm looking for advice on:- Promising Neighborhoods: Which areas in Pittsburgh are currently showing good potential for single-family home flips?

The 1% rule isn't relevant for renting your current home.

We are at tipping point to return to recession.).Seems to me (at least in California) like the past 10 years have been in EXPANSION but inventory remains low.  

Without going into detail due to hills, creeks and low population only some of the ground can be used.  

To me this looks like a trap.From the Fiscal and Policy Note on HB 301:Additional Comments: The Maryland Real Estate Commission advises that it interprets a provision of the Maryland Real Estate Brokers Act (§ 17-322(b)(11)) to preclude licensees from engaging in wholesaling, which may conflict with the bill’s requirement that wholesalers be licensed by the commission.In other words, sure just get licensed... and once you do we'll fine you to no end for engaging in your business.I don't see this bill becoming law as currently written.

The Math did not add-up for me in Hagerstown after analyzing many deals because rent price overall are low.

There is also a building that was previously used as a recording studio with a half bath (that isn’t currently functional).It needs some work.