Baltimore Buy & Hold Returns

[Matt Good]

Hi everyone - this is my first of hopefully many posts on BP. My goal is to be more active in 2015, start attending the BWI meetup and REIA meetings, and acquire at lease one rental in/around Baltimore this year. I currently have two rentals in Fells Point (one being my former home and another I purchased two years ago). I'm pretty familiar with Fells Point and Canton at this point because that's where I live and spend my time, but I'm planning to look at other areas as well (Dundalk, etc). I'm curious what kind of returns people are targeting in Baltimore these days for buy and hold rentals? Any thoughts would be great.

There seem to be a lot of Baltimore-area folks on here, so I look forward to eventually meeting some of you in person as well.

Thanks,

Matt