That is a difficult thing to achieve and if you want to wait until you have that type of market knowledge you might end up not investing out of state.My two cents would be the following: make it a point to schedule regular visits to your target market.

Does anyone have a good property manager in Baltimore City who will service an attached house in the 21206 area code?

Agents are there to help you achieve your goals, and that can only happen if both sides are communicating...

With your 42 Airbnb’s that you are cleaning, might you also be able to provide other services to the guests?

Feel free to PM me if you'd like to discuss this further.At the very least, just remember a real estate investment is only worth what it rents for.Yours in Service,Lanny

One big thing would be to urge myself to talk to a full-service CPA firm either before or immediately upon acquiring the first rental.

I'm planning to turn at least one of the 1/1's into a vacation rental which should earn at least 1200/mo (very conservative estimate, probably higher).Purchase price: 295,000Down payment: 25%, $73,750Loan term: 30 yearsInterest rate: 5.375%P&I: $1238.94/moClosing costs: $2800Gross scheduled income: currently $2650/mo, I'm planning on $3000/mo minimum with STR, so $36,000/yearLess Vacancy/Repairs: 10% = $3600*Gross Operating Income: $32,400Less taxes ($4700 (high estimate)), Insurance ($900), and Water/Sewer ($1800):  $7400Net Operating Income: $25,000Less Debt Service: $14,867Before Tax Cash Flow: $10,133CAP rate: 8.47%COC: 13.24%*yes, I know that's low for Vacancy/Repairs/CapEx, thats because we do our own work and management.  

I’m looking for anyone who has used the services of Morris Invest the company run by Clayton Morris.

They are far more likely to have these services if they are local in the area you are buying in. 

City ordinance requires us to provide both garbage and recycle service for our multifamily properties.