The main point we were required to give up was the borrower’s personal guarantee (PG).

@Darrell Taylor My primary is in Laurel MD (Howard County) so I know the pains of investing in the DMV, my advice is look for a townhome or similar to rent in AA County, PG or Baltimore and keep it under $200K so you can be all in at around $55K or so and then get your feet wet as a landlord. 

That does bring up a point though. ...most of the contractors I use infrequently are from Frederick, Anne Arundel, Eastern part of PG.

I have found some lenders make it a requirement, either way, doesn't that (giving a lender your PG) take away from the "so called" Corporate Veil for legal purposes and the separation of entities (personal and business)?

Possibly place a PG on the LLC to ease their worries?

PG is a great tourist spot so I’m sure you could easily find rentals.

Investment Type: SFR - 1 Rental, Everything else flipGeographical Location: PG county MarylandType of Financing: cash, HML How many deals done before taking the leap: Zero by myself, multiple with my uncle/partnerHow much time from first deal to 2-weeks notice: 2yrsUltimate Goal in REI: To complete and sell 30 flips per year.

I've heard that in 1-2 years the PG can be removed, but I've also heard it cannot be done. 

For Blue Island take a look at pg 33 http://www.blueisland.org/wp-content/uploads/Blue-...

@Oliver Noll     Oliver,        Simply find a Real Estate Attorney in PG County or anywhere in Maryland who has done Hard Money Loans.