That would make your bids more competitive without forcing you to use the FHA, which is admittedly much trickier to use on any kind of cash flowing multi unit. 

Are you a buy high sell higher kind of investor. 

We are just speculating on the upward moving of this market because the house price keeps rising and there are organic factors that support it so in a moment we think negative cash flow can gradually be covered by picked up rising rental rate, but i guess its not financially sound on this deal

Mom is happy to do it - but as an investment this time, not just out of good will.What kind of terms should we offer her?

There are certainly a lot of great rental properties there - you just have to know what kind of neighborhood you're dealing with. 

Belair Edison or Edmondson Village would be examples of the bottom of the kind of neighborhood I like would be in. 21212, 21234 are full of areas like that I like.

I look at all kinds of indicators, including my own renters.So, my question for you, what are you looking at?  

With these "flipping" coverages, it is good to have a phone call and get a good idea of what kind of work you are doing. 

Seems people are picking up properties of any kind:) or I could be stupid and overestimating the market.

Even 10% or 15% would allow us to get the kind of property we want since we want to save cash to put into the renovation.