I'm excited because it's an opportunity to really flex my understanding of historical decorative arts, but I have a lot of questions too!

Historically that has been proven to be less profitable long term.

So to answer the question should you buy a personal residence in LA...if you are staying...historically that is a 100% YES.  

There are so many tools to help buyers and sellers do a great deal of research on their own but most of it is off the mark and to have the in depth knowledge of a market or historical data, that is held with the agents and our systems.

We avoid the states with long and expensive foreclsoures like NY and all the NE states and focus on the non judicial states with no snow, and I say typically, as we just picked up a historic property in Ohio City, and they live next door.

By historical date, there should be a recession cominghttp://www.wsj.com/articles/u-s-cities-see-apartme...

Simple fact is that virtually no where has had the historical ROI of a coastal So Cal financed buy n hold property over virtually any duration between 3 years and 50 years (verifiable fact).  

Hey, guys.I hope everyone down in Louisiana is faring ok during these historic floods.I never in my life thought things could ever get this bad.

You say you are not interested in living in a multifamily property but that may be your best avenue especially with interest rates at a historically low level.

It caused some serious foreign and domestic money to come pouring in to the Grand Rapids area and we are currently in a housing (and rental) shortage of historical proportions.