Given the advice on similar Biggerpockets discussions, we've expanded our search to include properties in Dundalk as well as areas on the peripheral of Charles Village, Old Goucher and Remington.  

A move in special in my opinion might be a good option if you are trying to quickly lease up an entire apartment or multi-family building, but I think it is unnecessary for leasing SFR's unless they are in a poor school district or an undesirable area. 

There is a relatively small number of renters who choose to live in undesirable areas or undesirable properties if they can afford better.

I am just asking for options and solutions that I can employ to protect my interest from undesirable things that can happen (such as those you mentioned.)  

My advice is not to get too aggressive with your rent increases -- vacancy and turnover costs are highly undesirable in a higher end rental.Best of luck!

The cash flow sounds great but keep in mind with lower income areas, older buildings, undesirable tenants....repairs will be much higher.  

Dealing with undesirables has a time limitation.

@Ariel BullingerMost of the fourplexes in Las Vegas are in undesirable areas (C/D) and I do not recommend investing in them, especially with the run up in prices.

I had looked into Merced and wrote it off since my rental focus is with multi-family and as you've all pointed out, they seem to be in undesirable areas.

Yes, there are elements that are undesirable and I don't see were I live by the beach, but such are not a majority.What surprised me first is the ratio of property price vs. rent.