One thing to keep in mind is property management for short term rentals. 

I do have one thing that my "cautious mind" keeps wanting to clear out.I'm looking for a contract I can use that's legal that will allow me to send to agents, or a FSBO that keeps me safe in a wholesale deal and allows me to transfer it to someone else.

@Arthur Wilson III - Great news hopefully this works out for you, one quick question if you dont mind. 

Can't  wait to get my feet wet in MD and look forward to hopefully working with some like-minded investors in the area!!

Also keep in mind that everything is relative to the general condition of the property. 

I would love to talk to and meet like minded individuals and professionals in the real estate field!

If not, keep me in mind, maybe we'll work together in the future!

Mind you the only way to get to this area is behind my house.

Not trying to discourage you from these type of deals, just want you to be mindful of the challenges you could face coming from my experience and the many investors I personally know.AssumptionsDownpayment: 20%Closing Costs: 3%Amortization: 30 yrsInt Rate: 4.3%Materials: 8% (plug)Maintenance: 8% (plug)Capex: 10% (plug)Makes sense: Purchase Price @ $160k* I hope this helps and makes sense.

In my mind - it's a headache not worth taking.