Looking for some input on Biloxi

[Kristopher Moody]

I have an opportunity that I am working on. Ten duplexes in Biloxi. Many standard indicators: Poverty 14.93%, Population Growth -.43%, and Rental Vacancy 13.6% tell me this is not a great area, but I see a strong demand for LTR, with the ownership rate being 45.7%. It looks like the planning and development department is playing the if you build it, they will come strategy with quite a bit of money going into roads, housing, entertainment, restaurants, and hotels - which could bring more people and jobs... anyone in the market want to share their thought?