Hello all,I have been brought a trailer in New Orleans that sits on a double lot that I can get for 65K but the home needs a total remodel. 

., as well as three large metros in the South – New Orleans, Memphis, Tenn., and Birmingham, Ala.

New Orleans is great for multi fam cash flow!

Flood insurance rates actually took a major nose dive in premiums for most of Orleans Parish a couple years ago when FEMA re-drew the maps. 

@Jeremy H. it's a big enough issue that it's on the agenda of world meetings and several coastal cities, New Orleans included, are looking into solutions.

We are Texas residents at the moment, and our first investment property is in New Orleans, LA. 

Purchase price: $222,300 Cash invested: $15,000 2bed 2bath condo in Orleans, Ontario.

Louis, MO (69.4)Baltimore, MD (51.1)New Orleans, LA (40.6)Detroit, MI (39.7)Cleveland, OH (33.7)Las Vegas, NV (31.4)Kansas City, MO (31.2)Memphis, TN (27.1)Newark, NJ (25.6)Chicago, IL (24)Cincinnati, OH (23.8)Philadelphia, PA (20.2)Milwaukee, WI (20.0)Tulsa, OK (18.6)Pittsburgh, PA (18.4)Indianapolis, IN (17.7)Louisville, KY (17.5)Oakland, CA (17.1)Washington D.C. (17.0)Atlanta, GA (16.7)

New Orleans is one of, if not the most dangerous cities in the entire US.

I am an investor that is based out of the New Orleans market and also have properties in Lafayette.