Have a few arms due in about 5 years..those I will finance to fixed rate as rates lower. 

At our firm (tax advisory) we are offering a service to help clients with this and we expect many tax/cpa/law firms will as well. 

I walked to the house and met a man who says he was cleaning out due to the loss of their mother in some few weeks back.The guy told me she is  left with 12 years mortgage on the property to pay the bank.

Every market will vary due to labor costs. 

What is the interest rate on borrowing compared to the rate you are earning, then take into consideration the tax consequences. 

We call renters members due to the legal structure. 

Quote from @Khaled El Dorry: I have a portfolio of 3 SFH's (2 in Jax and 1 in ocala) and 1 duplex in port charlotte (never flooded or damaged due to hurricanes) that have done very well for me.  

The property was rented and generated $160 cash flow after mortgage, taxes, insurance and property management fees were paid.

If you aren't familiar with Baltimore, I would suggest it's a hard no and say that you are trying too hard to make cash flow happen talking Baltimore and tax liens and auctions.

“I’m literally the nation’s leading expert in tax liens and tax deeds,” he boasts in one installment.