With EPIC theme park opening in a few months, this area is seeing bookings pick up, but it is a very competitive and crowded market.

.- If they are more reasonable you may want to accept if for now, but let them know you'd be doing regular increases to get the rent more inline with market rent.Too many newbies here will tell you to get market rent or get rid of the tenant.

Unique can also mean you only appeal to a smaller niche market as apposed to appealing to the masses. 

He markets himself to no end and I see more stuff from him than anyone else, but he is one giant sales pitch. 

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

It has a full studio casita out back that will be an LTR.I plan on buying 3 or 4 investment properties this year after I learn more on the co-living marketing and rent collection side of things.

My credit should be the highest allowable also and I shouldn't have problems with approval.Ok, i shopped about 80 lenders (based on Fridays rates, market is closed so no live pricing)Conventional Full Doc loan you would be at 7.875% if you put 20% down (you said what the house was worth, but not your purchase price). 

If you got a sight unseen, off market offer it could be a low baller.

I've also signed up for New Orleans REI meet ups in the upcoming weeks in hopes of making valuable connections in the local market. 

I'm not familiar with your market, but here are some thoughts:750 Sq ft is small for a 3/1.Interior looks like a flip but it seems like it has been owned by the sellers for a long time...so maybe not.They have been trying to sell this property for 6 months and have reduced price.