Mom and Pop landlorded in the city for 10 years and we’re getting out. We rented upscale townhouses in Hampden and even without a single problem tenant it was not worth it. The city taxes, insurance, cost of turn over and maintenance of 100+ year old properties. The 24/7 nature of landlording, the inevitable emergency while you’re on vacation or on Christmas morning. The conflicting interest of someones home as your business. I wouldn’t recommend land lording in Baltimore city to anyone.

Now what’s going to happen? Probably all/most of the mom and pop landlords with a few properties are gonna get out leading to less availability and increased rental prices. Likely more soulless big box slumlords managing the rest.