Profit tax-free when tenant damages are lower than the month's rent amount that Jack and Landlords guarantee.3.

For tenants that want to early terminate, we offer 2 options: one month rent + deposit, assuming there's no damages, and they walk scot-free, or they stay current on the rent, utilities and lawn care, and we will try to re-rent as quickly as possible once they vacate.

They may provide instant income upon purchase, but that could be thrown away by having to evict them or pay for damages that are not covered by a security deposit that you did not set!

That shouldn't be hard in Baltimore City, but again, things change quickly block by block - so I would consider changing the criteria to 0.25-0.5 miles, and finding an agent who knows the city really well (disclaimer: not me). 

Joel Block's Dealmaking Symposium is the best education around in my opinion and he isn't running a shill program to try to raise money for his projects. 

If you have an early termination setup most decent people will take that - we do one month plus the deposit if there's no damages, and they walk without taking care of utilities, lawn care, etc. or we can re-rent and they can be held responsible for costs until re-rented.

I hear it said on here often that you have to go block by block to know the good areas and I would have to agree with that statement in general.

I looked at a bunch of crumbling row-houses in Baltimore today, and many of them had crumbling and cracked brick, rotted foundation, water damage and squishy floors about to give in, and signs at the door saying the place needs to be rehabbed or boarded within 30 days because of code violation.For a typical row-house that's 12 feet wide and 3 floors in Baltimore city, how would it typically cost1A.

As you may know since you're familiar with the area, in Baltimore city the difference between a home run and a nightmare can be just a couple blocks.

He also said that after repairs, he would be able to rent the properties for $1200-$1400 but I think that the area is not the right place to be charging that much because they are the nicest on the block.