In Baltimore, popular areas like Canton and Fed Hill will not bring much cash flow so your  ROI will be very low unless you want to do renovations.You can invest in mid level neighborhoods like Morgan State area, some parts of Charles Village, Higlandtown so you get a decent renter and get a good ROI.

Charles and Ian (Founder and President) were great as they weren't pushy about their course. 

Regards,Charles LeMaire

Charles, who would you say is a scam artist? 

Thanks Charles:) Baltimore city is 4.

The MF investment has done much better that my Wall St (but I'm still there for diversity).Apologies for rambling...Regards,Charles LeMaire 

@Charles LeMaireActually, what the young lady from Quest outlined with respect to UBIT taxation is inaccurate.  

Charles Parrish  well if you have been out on logging show's you will understand the vernacular is quite colorful...

Regards,Charles LeMaire

There are many ways you can recast this deal. first things first, close the deal with attractive seller financing. ask the seller to add settlement cost into the mortgage. consider some of these in your mortgage conditions ( put some or all of these terms in your offer) make sure you understand the value of these clauses - if not, give me a call glad to chat.1. put a subordination clause in the mortgage, this will allow you to get a new first and have the seller financed in second position.2. have a pay-off discount of 5-10% so if you get a new mortgage or sell the house you can discount the seller mortgage, this could save you thousands of dollars.3. have the mortgage secured by another property you own - this will make your property free and clear, now get a new mortgage, keep the proceeds or use it for renovations.4. have a stutter clause, this will allow you to miss one payment a year.5. have a first right of refusal in the mortgage in the event the seller (mortgagee) try to sell the mortgage at a discount, this gives you the option to benefit from the discount.6. the mortgage should be fully assumable without qualification with release of liability. this makes your resale attractive since you have financing built in.7. ask for a delay in making payments (6 months) this will free up some of your cash for renovations. good luck  with it -- Charles