Investing in the Baltimore area
Hello all, I'm just doing my preliminary research on real estate markets. Looking on sites like Zillow and Realtor.com, I see that Baltimore looks to be a possibly profitable place, especially the area codes 21229, 21207, 21217, 21218, and 21206. What do you think of these areas and are there any more to consider?
How much would you say a 4bed 2bath house would rent for in this area? What about land rent, how much does that generally "set you back"?
I couldn't help but notice lots of abandoned homes at the $5,000-$10,000 price. Does that say anything about the economy and investing there?
Overall, what is it like to be a landlord there?