With its strategic location near Baltimore Ave, a burgeoning commercial corridor, and the flexibility offered by its RM-1 zoning, this property offers significant potential for value appreciation and income growth.Property OverviewThe property at 5000 Florence Ave is a versatile RM-1 zoning parcel with existing structures, including a garage and space suitable for additional units.

Yessir, those both make sense that they both have a high failure rate, wholesale seems made out to be the all in one easy way to get started, but I'm not in this for a get rich quick type of mentality.

The home environment has gotten really stressful, so I’m feeling a lot of pressure to move out for my own mental wellbeing.

We embrace S8 applicants, but screen them just like any other applicant.Many have an entitlement mentality and try to leverage their S8 voucher by pretending to be helpless:1) A percentage won't apply because they expect a landlord to waive application fees for them.2) Many cry broke and expect a landlord NOT to charge them a security deposit.3) Many of those same S8 tenants trying to avoid paying a security deposit, won't make an effort to call the list of nonprofits we send them that will pay their security deposit if they apply.4) A lot of them try to avoid paying for utilities.

In the process you learn that the seller is under her sisters care because of mental issues.

This has been an extremely stressful situation as a first time landlord and I am trying to best prepare myself for what the next couple months may look like for me financially, mentally, and emotionally. 

I don’t do the mental gymnastics of inflating cash flow in my mind on a property that I put a large amount down or paid cash for.

We embrace S8 applicants, but screen them just like any other applicant.Many have an entitlement mentality and try to leverage their S8 voucher by pretending to be helpless:1) A percentage won't apply because they expect a landlord to waive application fees for them.2) Many cry broke and expect a landlord NOT to charge them a security deposit.3) Many of those same S8 tenants trying to avoid paying a security deposit, won't make an effort to call the list of nonprofits we send them that will pay their security deposit if they apply.4) A lot of them try to avoid paying for utilities.

There are markets where developers built product relying on the mentality "build and they will come" with no coherent thesis behind why and those are markets where there will truly be long term pain. 

I would love to be a resource for you as a lender, and I actually also have a masters in mental health counseling.