It is a great rehab and you appear to have a great designer or design team.

@Everton Bradford what areas are looking attractive to you in Maryland?

That's basically what I'm asking, I'm trying to learn the areas, so I came up with those A, B and C designations based on my discussions with the local investors I've met.  

The alternative is to hire people who are green and don't have the experience needed to design out risk.  

We initiated FC and set the opening bid just above our all in costs to attract more bidders at the trustee sale and it worked. 5 month hold time.All in costs: $34k.

If you bumped up the rent a little bit you may get less inquiries, but could possibly attract some more reasonable minded tenants.

Of course being an architect helps with construction knowledge, we are the ones that design the buildings!

It is also a safe and transparent market which is one of the main attractions to foreign investors.Nice to meet you on the forum.

In addition, our properties are going to be made "purpose-built," a finished product thats specifically designed to attract today's college students with amenities that appeal to that demographic.

Higher end areas with higher property values will attract more quality tenants but will usually offer little cash flow.