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Maryland Real Estate Q&A Discussion Forum

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Ilya Z.
  • Rockville, MD
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Questions about buying a turnkey rental in Hagerstown

Ilya Z.
  • Rockville, MD
Posted Feb 22 2020, 20:59

Good day everyone!

We're thinking about buying a turnkey rental property in Hagerstown (in the city). I heard mixed messages about this being a good or bad idea. For example, I was told that city inspections are really tough. But if I buy a newer property in a good shape and keep it that way (with help of a good tenant), should I worry about this? Also, if I decide to rent to a Section 8 tenant, are those inspections easier/harder to pass? Aside from having to pay higher taxes compared to the county and getting a property in a bad neighborhood, what are other cons of having a rental in the city? What about pros? Thank you!

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