I also believe social media plays a big role in people not really wanting to work, especially with younger folks.

Look back to world's fair in the 60's, countless hair-brained crazy head-in-the-cloud's ideas of true creativity that foster into real innovations.

There are too many ways for it to go sideways and only one way for it to work (you stay on good terms with your ex and everything goes perfectly with the house, you split the proceeds fairly when you sell).

With $170k to deploy you most likely will have that all in one, maybe two deals, if it doesn’t go well you could end up way worse off.That said, if there are other factors like the property is a huge pain to manage or you are worried the neighborhood may actually get worse or you know you need a new roof in a couple years, then I’d consider selling.Also, even though you said it’s not a high appreciating area, do you think 1-2% is fair?

Together, they have a lot of units in play there and have done very well with long-term rents and mid-term as well.

Selling now avoids capital gains tax and lets you reinvest into a new primary home and a solid rental property, which feels like the safer play given the cash flow challenges and ARM timeline.

I wonder if they're listed on there but have been occupied for years, by tenants who moved in when the fair rent was less?

I had the PM get in touch with the contractor and he addressed the "issues" fairly quickly. 

That being said, In order to successfully invest in the city of New Orleans you must have a fairly deep understanding of the city.

Most gulf front investments are mostly appreciation plays unless you do a serious renovation.