Rather than selling the house just 1 year after purchasing and not making a major gain, I decided to rent it.

So I purchased a fire damaged home from a wholesaler in September in the King Charles neighborhood. Paid $235k Budget is $510k for the build (high end build) ABV(after build value) $1.1milSo permits took about 1.5 mon...

I thikn this is just another ploy that these gurus sell because on its face its a way to purchase real estate with no money down.

@Kermaury MusgroveMy first rental property was renting out my primary residence instead of selling it when I moved.I agree with Bradley's comment.

Again a rehab of almost any property in Baltimore, given almost everything there is older than 1994 is gonna run you probably 120k & that’s before buying & selling costs, holding costs etc, there just aren’t margins to support that at least that I’ve seen. 

I had an idea of placing a sign at the door with it saying something along the lines of "If you're interested in selling your home or would like to unload rental properties you may have, talk to me first".

-Fee based means they can sell commissioned products (insurance mostly) -Fee Only means no commissioned sales usually a %AUM, AUM & Fees or Fees Only.  

I am buying land, going to build the house from scratch and sell it.

I then rehab the property and finance it or sell it.

There is plenty of office support, AppFolio software, I am open to bumps in commission/bonus structure -- portion of rent raises, lock changes, identifying more MF buildings, commissions IF we decide to sell any properties, etc.