In some places (I'm thinking larger, denser, more expensive metropolitan areas), condos are well-accepted by purchasers (particularly entry level purchasers) and fairly liquid.

I was just advised of a multiple offer situation and was asked for my highest and best offer from Freddie Mac.I've read several accounts of how Freddie Mac allegedly operates (including one statement that they don't ask for highest best) and they all seem to conflict.I am fairly certain that my bid will be the highest on this one, but there are certain things that Freddie is doing that is causing me hangups.

US Bank has a Premier Line of credit that's fairly easy to get.

We see the biggest downside on the property is the fairly large amount of cash it would eat up...would need about $60k down.

You have to be fairly diligent but it's a good route to go if you want to further your investment potential.

I may need to get a realtor that knows the Baltimore rental market fairly well so I don't end up too much in the gheto.

I would think (within reason) you're fairly safe if it's at least in the 2000's or newer.

So I have a hard time blaming the management company on that end, but when things began to blow up, the management company did not communicate with me well at all making for many restless nights.

It's about communicating and working with other investors in your area.

It takes one, perhaps two projects for a contractor/investor relationship to develop a level of trust and solid communication.