Elkton, MD townhouse

[Austin Crouse]

For anyone local to the Elkton maryland or local delaware area:

I have run some numbers in the Hollingsworth Manor neighborhood just south of Rt. 40 in Elkton.  It seems like it may be a rough neighborhood but the numbers make it hard to resist with ~$700/mo cash flow before setting aside money for repairs.  Does anyone have experience with this area that may be able to shed some light on owning a rental in this neighborhood.

Any help is greatly appreciated.

-Austin

[Russell Brazil]

Originally posted by @Vincent Garman:

I deal with a contractor in Maryland and correct me if I am wrong but Maryland has just passed a code that houses need to have sprinkler systems throughout. That is a huge CapEx to keep in mind.

 That's new construction. Like any other building code, existing structures are grandfathered in to old codes.