Full rehab/modern style, adding unique secured fence in the front of the property with a wireless remote control and access, creating additional parking space on the side of the house, constructing new large patio by the pool area.

Investment Info:

Single-family residence buy & hold investment in Waldorf.

Purchase price: $195,000

Cash invested: $10,000

I have a 2,000 sqft single family residence under contract. 4 beds and 3...

Chelsea has the Silver Line and is getting close to 1000 units of new condos that have already been approved, Lynn has already OKed the plans to revitalize the old GE plant where they are building a mix use - Assembly Row style - complex that will be completed in approx 2021.

Pay check to paycheck is absolutely a life style choice.

The best thing to do is to narrow down what the basic expenses are for a property, and work down from there to find what the probable net for your personal management style will be.

I feel that your property manager and/or an investor oriented realtor are going to be the core of your team.

These last 4 buildings are 1 manufactured home that looks like it was destroyed and 3 old stable-style buildings.

The suburbs are growing and businesses are doing well and there is a general sense of (very moderate, midwest style) opportunity here. 

We personally like Midtown and just west of Arcadia Lite and south of Biltmore but not going south beyond Thomas Road (Indian School Rd and 30th to 38th St rough center point)--just our sense of the time it would take to develop that area would be longer than I'd like to eventually be in a good neighborhood.What I've found in looking at these garden style or at most 2-level smaller units are that quite a few are being repositioned for turnkey propositions (which is what we are looking for). 

The main panel is actually 200 amp and then there's an old style fusebox going to the other end of the house.