Now more than ever it is important to really understand your numbers and the area you are buying -- that "accidental appreciation" that many of us rode in the last 5-8 years eroded with the higher rates, cost of entry, and renovation costs. 

Unlike an annual rental where the rent is locked in for a year, the prices and amount of vacancies have a high-rate fluctuation.If you do not live in the state than you may not be aware of SB 280.

Do they usually do a monthly flat rate (this would include the winter when its not needed)?

We were exploring taking out a primary mortgage on their home to take out 350k in cash at about a 6% interest rate, and I take out a loan from them at an equal rate or slightly higher (maybe 6.5%).

Are there websites that will give me the current rental rates for 2, 3, or 4-bedroom units in the different parts of Baltimore City, Maryland?

So, yes, I feel there might be a bit of a discount on the commission if they are getting so many units to sell, but they are still putting in a lot of work, so I wouldn't grind them too hard.

I’m happy to use any resource with better rates to finance our properties.

With interest rates, home prices, and rent prices in my market to hit that goal of $500 per month I am looking at purchasing a house around $200K, putting down $100K, and renting it out for around $1,500 per month. 

With PM fees, 10% down, and today’s property values and interest rates, you’ll be skirting the line.

We went back to the appraiser for re-evaluation and they even exceeded the appraised rent rates we needed ($8500/month).