DTI ratio must be 33% or higher, minimum credit score of 720, background check, no pets, non smokers, must sign No drugs on the property document (Federal standard so marijuana is out even if legal at the state level).While I don't specifically look for blue or white collar tenants, I've only ever had white collar tenants.

Look for places in canton , fells point , federal hill those are the most popular and nicer parts of Baltimore city .

(you would still get the deferment for federal purposes but not for state purposes.)Let me know if you have any specific questions.Basit

@Jody Schnurrenberger, there are federal and local tax breaks and grants available, but I don't know enough about it to really bother with it.

This requirement would stay in place until such time as the property would show a 1.35/1.00 DSCR as reported on a year- end federal tax return.Our normal terms on prepayment are 3,2,1% for the first 3 years.

(you would still get the deferment for federal purposes but not state purposes).PA also does not recognize net operating losses(NOL)'s for individual taxpayers.Normally - if you have a loss in one year - you can carry it forward(or back) to offset income in a future...nope not in PA.Let me know if you have any questions.

Now, a potentially interested buyer got a new cost estimate - at $1.5M.Now that the cleanup cost exceeds the value of the cleaned property, the only hope my client has is to get a "Brownfield" designation and get state or federal help with the cleanup costs.

I've paid all of $276 in federal income taxes over the last 14 years.By doubling my standard deduction and not disallowing investment property benefits like deducting mortgage interest. property taxes, allowing depreciation still, etc I see it being even more favorable so far.I shouldn't be the one who benefits from 'tax reform', but I will. 

As we are a state capitol, have OSU graduating around 6000 students a year and have just been given a huge federal grant to become the first "smart city" in the country, there is no shortage of need for multifamily housing.  

@BJ Everson Most Economists see the next recession as either 2019 or 2020, due to the Federal Reserve raising interest rates too high.