Haven't purchased yet, I'm about to go view the property soon (so rehab is estimated from pics), just wanted to share the prelim numbers so i can get some feedback. 

Thanks for the feedback. :)

I've just started to do a ton of reading and research online and books.

I've been reading a bit about turnkey properties out of state, but I also don't want to give up on my local market as well.Thanks in advance

Hi All -I've spent a while reading through the forums and seeing what BP is all about and finally made the leap to joining.

Read the Residential Tenancies Act.

Our auctions require cash or cashier checks in hand there is not settlement, but that may be different in Maryland.To learn your local rules I recommend 3 things.1) attend a few auctions to see how it works, talk to the regulars you find there2) Find a good foreclosure attorney and pay them for an hour to get them to explain how it works, Hint, they are all listed in the public notices 3) Google the Maryland foreclosure laws and read up on themGood luck!

Thanks for any feedback!!

Dawn--I've read and heard a lot as I've been doing my own research that there are few rental vacancies and rentals are needed in Medford, sounds like especially lower rents.While rentals seem to be needed, I've read a few articles in the last several months that have highlighted the large number of abandoned or unoccupied out-of-state owned homes in the area, and family members and friends have colloquially reported the same.

I appreciate any feedback and I'd love the opportunity to meet or talk with any local investors on this topic.Thanks,Josh