New Orleans OE for 2-4 Units

[Troy Williams]

Hey fellow LA landlords!

I'm an active investor looking into investing in New Orleans. Early research tells me that rental rates are pretty good here (about $1.25 per sqft), but would like to see if real investors on the ground experience the same.

Also, on flood insurance, i'm finding quotes ranging from $600/yr to $1,500/yr but not clear how that works within the different flood zones and asset types. Any sites BP crew can recommend? Anyone with all-in insurance numbers can share?

Utility costs. The only reference I have is for my duplex and triplex properties in CO; sewage, water, garbage and share common area fees paid by me (about $200/mth; tenant pays gas and electric. What's the standard in New Orleans i could expect?

Much appreciated any OE experience New Orleans landlords for 2-4 unit can share.