Zillow Advice: Investing - Invest in Baltimore http://www.zillow.com/advice-thread/Invest-in-Baltimore/417373/ Zillow Advice | Zillow Real Estate Hi DCforever, I guess you ... http://www.zillow.com/advice-thread/Invest-in-Baltimore/417373/ Hi DCforever, I guess you will have to change your nick if you invest in Baltimore! In regards to which way to go, 50K or 200K depends, at least in my mind, as to how much work can you do yourself? If you cannot do much in terms of sweat equity, $75 a foot seems&nbsp;fair, if not&nbsp;a bit high, but a good ballbark figure to begin with.<br/>I love Fells Point, and they have a really fun festival down that way every year. Remember to eat Bertha's Mussels!<br/>Good luck, Jim Wed, 28 Sep 2011 20:19:00 GMT http://www.zillow.com/advice-thread/Invest-in-Baltimore/417373/ 2011-09-28T20:19:00Z Hello,There is Upper Fells ... http://www.zillow.com/advice-thread/Invest-in-Baltimore/417373/ Hello,<br/><br/>There is Upper Fells Point and Lower Fells Point (below Aliceanna).&nbsp; Lower is close to the water and very expensive.&nbsp; Upper Fells Point is&nbsp;where you would be able to buy a home for 50k but it would be a small shell on and most likely on a one way street or in a bad area.&nbsp; Renovating a shell costs approx $75 per square foot.&nbsp;I would also add the neighborhood of Canton into your search. &nbsp;Most full guy renovations in Fells or Canton cost between 100k-150k depending on size and quality of renovation.&nbsp; My advise would be to look for a renovated&nbsp;home that already has upgraded mechanicals and just needs a bit of cosmetic work.&nbsp; With the distressed market, these homes can be found for excellent prices and in good locations. My office is in Canton on Odonnell Street and i consider myself to be an expert in the area.&nbsp; Feel free to contact me if I can be of assistance. Best of luck!<br/>-Tim Kenney Wed, 28 Sep 2011 14:11:00 GMT http://www.zillow.com/advice-thread/Invest-in-Baltimore/417373/ 2011-09-28T14:11:00Z