Until you understand the operations and how to manage a manager, this is going to be key to success as you'll need to be involved initially.

However, the City initiated the "Buy Into Baltimore" open bid program (which we're interested in participating) through which you can bid/buy city-owned abandoned/vacant properties for redevelopment/resale.The problem is, there are so many blighted neighborhoods in Baltimore, it's tough to know where to start.

I'm not sure if folks are phishing for something or what but I appreciate you taking time to challenge the initial poster's post.Steve

Don’t get discouraged by the initial investment.

Initially, they were not inclined to assist.

The key question here is whether you’re comfortable with a relatively low initial cash-out and whether the property’s long-term cash flow makes up for that.Since your goal is portfolio-building, the BRRRR method could work, but the numbers have to make sense for you.

It's probably something that rides on top of the inflation but not very likely to double or triple your initial investment opportunities for sure.

I have not yet bought a note as they have been slow to roll in (I am particular about performing first position) and there was a hiccup initially with my setup but i have seen a few come across in the past month.

Hi Brian, Yes I did a bit more research after the initial response and found the same information you just described.

The load calculation made for the existing foundation were not factored into the initial design.