If it is a good deal, and I can afford it, I may just pull the trigger and buy it...

Ask me how I know this....2) the hardware at ikea for cabinets (drawer pulls, etc) is not the best, and needs some patience and tweaking, but can give you a really, really cool look for a lot less than custom.  3) if and when someone tears through the outer laminate (plastic) layer on them, water will destroy them in no time (think under-sink leak)

Something like the image below (pulled off of google...obviously the keys would be more modern keys).

And then go to the bank and get a loan on the property to pull my money out.So lets say I can get a 100k property for 80k, I can get the 80k I originally invested into the business to buy the property.

When the house appreciates again, you can refinance and pull out more equity to invest.  

Keep moving forward but don't pull the trigger before you are ready.

You can even refinance after a couple of years and pull out your down payment to then have no money in the deal, and cash for the next purchase.One requirement is that you do have to live in the property for at least one year to be considered an owner occupant in order to receive the FHA or 203K.The 203k loan is ultimately a FHA loan, but you are able to include rehab costs into your borrowed money.  

The numbers in Overbrook Park seem to look good for an investor, and finally after all of the research, and lining up financing I am ready to pull the trigger. 

Growing up in Balto in the 1960's  both me and my brother had a bedroom in the finished attic , you had to go thru my parents room to get up there . ( and somehow they had 2 more kids) The door was narrow , beds had to be pulled up and thru a window .

I was thinking of putting it under contract with an assignable clause, (where I can also pull out for any reason if need be), I don't know anyone in Maryland, but would really like to deal.