 Hey, good morning. Chris Burch here, Entrepreneur Strategies. It is a Sunday morning around 10 o'clock. I received an email correspondence yesterday evening on a potential multifamily property right near Baltimore City Community College. If you're familiar with the area, it's right on Liberty Heights Boulevard. So I'm heading over to meet someone for lunch, so I figure bring you guys along with me. I'm leaving DC now. Got my entrepreneur shirt on, as always. People keep asking me about the t-shirt. So actually, you know what I can do? I'll put a link down in the video description. I think it's like 20 bucks. Get your entrepreneur shirt, kind of put you in the state, put you in, you know, what you're working on, what you're working towards. So jumping on BW Parkway heading north, I will circle back with you guys as we're coming closer to the property. So it's going to be down here on the right. So I kind of feel that this is probably better potential than I originally gave this property for two reasons. One, I'm not seeing the typical panhandlers on the street corners like you do in the city. I'm seeing big historic, almost historic style homes. I do think, do think it is on a busy street. That's one negative factor. But at the same time, is this 2611? So we're a couple houses down. But as those cars go speeding past that, I will say that it is definitely on a busy thoroughfare. But in proximity to the city college, which is right across the street, that doesn't concern me too much. All right, so we're here 2601. I'm going to say the neighborhood is good. The issue I'm initially seeing and then I'll jump out and you guys can follow along is a lot of these houses seem to be not that well taken care of on this immediate block. So let's jump out and let's see what we are here. We are directly across the street, as they said, from Baltimore City Community College. And this is the property. And this thing looks like it's going to need everything. Even if you look up, the windows are all broken out. I hear the crows crowing. But good grief, man. I saw some pictures. I don't know if this is what I was expecting. Like they vandalized this whole place. No, no, they say it's not occupied. It doesn't look like it appears to be occupied. But yeah, this thing is going to need everything. There's a lot of trash and man, I don't even know where to start. Glass everywhere. But I mean, even if you see the house next door, that's abandoned. Back here looks like they've obviously broken in. So I'm going to assume there's no utilities. There's probably no appliances. And I mean, it's a huge, huge house. I don't know if you can tell from the angle that I'm shooting here, but it's actually kind of kind of creepy. So let's go around and hear all that traffic out there. I mean, city bus. But I think location is actually pretty darn good. It's really my dilemma. My dilemma is going to be the amount of work that's until we get a better angle back here of the whole house. But I think from an investor standpoint, I don't, I could see shit 100, 150 grand. I don't know what the comps are. We can come back and kind of figure out if these numbers are even going to work. But if you see here down the street, a lot of traffic, man, a lot of cars, a lot of noise. This house next door is completely destroyed. But yeah, I think it's going to be, I mean, I think shit, it's going to be a lot of damn work. Let me walk down there. There's an alley right here that I'm walking down kind of along the side of this house. But I mean, this sucker's got to be at three full levels with an adjacent, maybe kitchen or something back there. I'm not sure. It does have two parking spaces back here. But man, this thing is going to be a ton of work. And I just don't think, oh, so actually the parking space, look at that. The parking space actually used to be a garage, used to be a two car garage, which the roof is long gone. So I don't know, guys, I'm not sure about this one. And look, we got a neighbor. They're probably living inside. There's probably a fucking house full of cats or all I know. So I probably disturbed them when I was coming around. But yeah, this thing leaves a lot to be desired for. All right, so we're back in front of this, what would you guys call this? This looks like probably, shoot, probably 150,000 rehab, maybe. I mean, you're talking about what is this? Six, six individual bedrooms, three baths. And I'm not going inside this sucker, but I do have some pictures. So I'm going to go ahead and post pictures now so you guys can kind of see the condition. I mean, I'm sure there's holes in the roof and all the like not. But so I will mention, as I was walking around, I heard, I heard something, but I couldn't figure out what it was. One of the neighbors came out and wanted to just acquire what I was doing. And he said that he had actually been instructed by, I guess, the people who are selling this property. I don't know who the owner is, but he had been instructed to keep an eye on the place. And I kind of smirk and laugh and was like, you know, what the heck are you keeping an eye on? There's nothing here. It's not even it's not even a shell because all the drywalls up, but there's holes everywhere. And there's it's just awful. All right, so I just want to do some quick comps on this property. We just looked at on Liberty Heights. So this is our subject property right here. 2601. You can see it actually sold in 2017 for 32,000. Their current estimate. Now this is Zillow. Probably not the most accurate as far as comps, but just to give you guys an idea, tax history on this property. Someone bought it in 15 for 53. It was listed in 17 pending, then it was removed and then it sold for 32. So as you saw, 49,000 is the asking price. I'm saying 150 on rehab and I might be lowballing that. But if you look here at not real comparables, I'm seeing an estimated value of about mid hundreds, mid 100s. I see one here is a five bed four bath sold for two 15 in 2018. Completely different house, but I'm just not seeing it. I'm not I'm not seeing the amount of work entailed with the photos you guys just saw the video you just saw. I'm not, I don't see it. I mean, you could probably tear that house down and rebuild it for 150. So even at that point, I just don't see it there, guys. Hey guys, I always forget to do this in the middle of my content. But if you enjoy the content that I'm bringing you, please don't forget hit the subscribe button, hit the bell to be notified when I go live or post new content and comment below. I'd love to hear your thoughts on the content we're providing and what we can do to help you.