@Ryan York - I agree with you that while the purchase price is lower than people from more expensive areas are used to, SFR still is not producing great cash flow unless you're buying serious fixer-uppers, in which case there's a ton of competition.

The frame on one of my windows (upper duplex) is completely rotted - thinking it needs to be replaced.

There are openings in the upper west exterior walls where electrical conduit was removed.10.The stucco in these areas has not been repaired to prevent moisture penetration and deterioration.11.The front unit has issues flushing the toilet, which was confirmed with a tenant, so camera scoping of the drain pipes was performed that revealed damages and blockages in the pipes.12.Deferred maintenance on multiple items: cracks around windows and pipes, gas pipes are not supported, pilot lights in heater units were not lit, a water heater unit has no ventilation.I hired a plumber to scope the pipes (please see his report in the invoice attached and photos); a roofing company was hired to assess the damage to the roof above the middle unit only (please see proposed work sheet); a general contractor has inspected the settlement of the wall in the second unit due to the damaged frame.

I'd like to do all of the leg work (analyse property, interview contractors, manage project, manage property) We would split profitsIf interested in B&H of a duplex or triplex partnership in NOLA please contact me.  

It'll give you the upper hand when you speak to clients who are talking to more than one agent, and sea you apart as a knowledgeable agent.

Or, perhaps you want to partner with someone, where they buy non-performing notes with your money, they do the leg work to get the note performing, or other exit strategies, and you share the profits.  

I have already reached out to zoning and have a local land use attorney helping do some leg work on

I don't know if construction field will help me much, but it seems like it'll give me the upper hand.As of now I have no idea what real estate really entitles and no funds, so besides reading what else could help me within this area?

For the state last in the nation in education that is saying something.The only people who live in these areas are those born there with no vision to escape or some upper middle class folks looking to acquire acerage and rural areas.If your goal is to own a property to attract the worst tenants in a very small and undemanded area then this is a great property.I hope I am not being too vague in my opinion here.

We are not opposed to some forced appreciation though if there are any good fixer-upper properties in the area!