You can't argue with the economic drivers in the city, but there is a ton of development in the works, and thus a lot of competing units coming online.

This once again confirms the fact that not all CPAs are made from the same cloth...I think I need to find a better tax "expert" as this is the 2nd time I was given the wrong information.

That's why I'm hoping we can get some more input from some experts in here

By no means an expert, but I love the podcasts both on BP and Rich Dad.  

Baltimore City is a challenging city to do rehabs from a regulatory perspective and tenant placement is also a big challenge given the economics and demographics. 

This is when it helps to talk to experts in the industry in your area.

The fiscal stimulus and monetary stimulus are good measures economic triage, but consumer spending makes up 70% of the US economy.

Time to face the music and understand that this new reality is going to get very bad economically

@Greg GangleSeveral financing strategies you might consider are: >seller financing: especially in this current economic downturn, as many distressed property owners are finding themselves unable to maintain their properties or payments.

I’m also in the camp that this will be a 2-4 month economic crisis and weight that more to the lower end of that range.