Louisiana Investors-- Look out for these points on the ballot Nov 4 !

[Chelsy S.]

I'm not a politician nor big on even discussing politics... I'm just a newbie in this industry trying to learn as much as I can before my first purchase. To get on with my point, today I was researching some things and ran across a few items (amendments) on the ballot next month that are directly related to real estate investing in Louisiana, state wide.  

Perhaps I missed the boat already, and everyone is already well aware of these points, but I thought (in an effort to get involved on BP more) I would throw this out there for discussion points and to post it in general for those who may not be aware. 

Here's the link to see them in their entirety: http://legis.la.gov/LegisDocs/election2014/amendme...

My thoughts:

3- It states 3 parishes, including EBR, already use an agent (online platform) so it shouldn't make a difference there, but it could change the smaller parishes' process, or not-- some may not make any changes. 

10- This seems great, compared to how it currently reads. Changing the 3-year redemption period to 12 months. How do investors get around this as it is already? I've wondered about the owners coming back and buying the properties back. 

13- This one isn't in my wheelhouse (not that anything specifically related to REI is, but...) but I'm sure it's related to someone here who may be investing in the area. 

Does anyone out there have any input on this, particularly Amendment No. 10, with the redemption period?