As @Kay Kay Singh said, there are a lot of factors to consider, but ultimately you're looking to confirm that there will be future demand for your investment and you're buying at a number where you can make desirable returns both today and in the future.We have specific metrics for our investors such as IRR, cash on cash, equity multiple, etc.

Thank you all for your contribution be it by commenting or asking questions similar to mine.It needs to be known that I am an amateur in RE investing so this post/question is designed to help me broaden my horizon, and "see" this beast (RE INVESTING) from multiple angles and perspectives.Long story short - I have upwards of $20-$35k on hand, and I want to invest in my first property in Baltimore city or county. 

I have come across a condo association that is VERY rundown (drugs and homeless) and not doing well at all, interestingly it is surrounded by multiple apartment complexes geared towards students.

Implementing a new lease that includes late fees and consequences for multiple times being late for rent immediately.

I don't see anyway I could have time to manage a flip, much less multiples. 

I am relatively new to the whole real estate business, I have read the Bigger Pockets Ultimate Guide as well as multiple articles of theirs.

I have been looking with multiple agents and I can’t seem to find a healthy cash flow.

I also have a rental property with State Farm and got them to consider my rental property for the multiple policy discount. 

I've worked with Lynn Hesselbach multiple times.

If there are mice in 1 unit they are probably in multiple units.