Baltimore: Properties Selling but they look rundown ... WHY?

[Aqeelah M.]

Hi Everyone, 

I am looking to buy and hold single family homes in Baltimore Maryland for 50K or less. As I began my search on Zillow I noticed there a lot of spacious properties being sold for extremely low prices ( 1.5K was the lowest), but they all look abandoned. Are investors planning to make this city a shinning jewel in the future? 

One particular website named Baltimore one of the worst cities to invest in...

I understand the population is declining and a lot of the neighborhoods are distressed, but things like 5g and a growing tech industry are going to make the entire city come alive, right?

I am not from Baltimore but it seems like the construction happening in South Baltimore is just the beginning of what I think will spread throughout the city.

Also, the amount of rent you can charge compared to the price of the house is very eye catching in Baltimore. 

Is this place a diamond in the rough ? 

Thanks!