I respect everyone's point of view; to be honest I'm surprised this guy continues executing this strategy (and putting so much of his personal cash at risk) based on the above feedback.Look- I appreciate the advise greatly, and based on more experienced views I won't be moving forward on this..

I just always respected my tenants privacy.

My wife and I have invested in relatively low end townhouses in MoCo, however we are finding it challenging to find multi-family in that area or any place close to DC within our price range/level of risk.Either we've felt uncomfortable with the expense of the multi-family properties or (perhaps incorrectly) equated the higher priced properties as a tradeoff of low cash flow and possibly higher appreciation (due to increasing rents) vs higher current cash flow and lower appreciation in the more remote areas.

Spending about 20K to paint inside and out, add a new range, and stage.

The range of properties for sale on our site is quite extensive; some could use updating or repairs while others are move-in ready.

Also, a new range, dishwasher and paint.  

2bd+/1bd+ SFRs in the range of $30-70k w/little to no repairs.

The biggest problem getting comps is that the property is right by Blue Ridge Blvd which is a major thoroughfare and it appears to be a dividing line between a nicer area to the southeast with homes selling for $90k-$100k+ and a lower-priced area (where your property is) to the northwest with homes ranging from $50k-$80k.

There are 1-2 newer houses right next door, other than that there aren't many new houses in the area.Can anyone chime in here and tell me what you think it's worth based on what little info I have or what "major rehab" costs range from?

(columbia, germantown, owings mill or any other area within close range).