These issues create conflicts that affect your work in ways you are likely blind to.

Baltimore is a great place to create equity.If you understand the system be a good landlord, treat your tenants like customers - you'll do well.Charlie

Passive income streams are a great way to create long-term wealth with minimum effort and involvement.As someone who has invested in real estate for passive income, I can attest to the benefits of this investment strategy.

I tried not to get caught up in sticking to hard rules and look at the long game because that is my strategy.

I use a version of the 50% rule as a quick but reliable measure of expenses on a single-family: you can reasonably expect all monthly expenses not related to the  principal+interest of the loan on a property OVER THE LONG HAUL to be 50% of monthly gross income.I also think she's just calculating that PITI expenses are pushing her down to - $120 a month.

It's best to review with a good RE attorney, potentially a business attorney, and your tax professional to make sure you're set up to avoid mistakes along the way.Also, discuss the ramifications of how it works with your lender (if there will be one) as not all lenders and loan programs are created equal when dealing with LLC's.

Account Closed I'm sure you will be the exception that proves the rule.

They are pushing rent control, some of the laws that the cities and state are pushing through are down right Anti Landlord.This is turn is creating a lot of people that are just hungry to get in to the game, they see these properties hit the market but have no idea about the laws that they will come across. 

Read the rules carefully. 

The coolest thing about seller financing is that you can create the terms you want (in reason) to the offer.