@Joseph England The before and after pictures are incredible, Joseph.  

With values in the $200 K range your market rents are far to low to produce any positive cash flow..Sell and reinvest the money in multiple better properties.... 

Take into account you have to pay insurance and a general power bill, have someone who collects rent and facilitates move ins but still the number could still produce some serious cash flow.

I've got one townhome producing cash flow monthly and enough equity to refinance but the rates are REALLY high compared the the 4% I currently have.I've just finished Rich Dad Poor Dad and reading BRRRR by David Greene 

Every year, I produce the BiggerPockets  Real Estate Investment Market Index, a study in which I go through thousands of counties across the country and collect data on their rental rates, and home prices.

@casey (seems using mobile doesn't produce our name drop down box...)  

Right now, with my debt at less than 5% interest, I confidently believe that yes, I can redeploy my cash so as to produce returns far greater than 5%.

Job loss   ( unemployment is only 5% ) and if Trump gets his way it will go lower4. burnt out landlord syndrome  ( land lords are somewhat smarter these days IE not buying in the hoods like they were )  although some of this still goes on and always will.So Tim were do you predict the next inventory produced by a shake out will come from. ?

Also, it is incredible to me what is happening with real estate investment in midtown.

Baltimore's a good lending market and with solid credit and assuming the property has good rental income and nothing too crazy, you should have some options here.Or perhaps I'm assuming too much in that you're seeking long-term financing - is this property already stabilized/leased and producing income?