I second what Jonathan Greene is saying here—turnkey is probably best bet given your constraints.

It's hard to say for sure without knowing your market numbers, but I would bet you if you looked at a 10 year projection, you will probably have a better ROI with the equity in 2 houses as opposed to the equity and cash flow with one. 

Turns out the Landlord entity, operating property, doing leases, doing all the activities, is themself leasing the properties on an enhanced NNN basis from a separate entity. 

I'm an active investor in Indiana; I'm in several of the markets you mentioned. 

Only thing I can think to do is call Vrbo or Airbnb and explain the situation and see if they would allow you to create another account that maybe isn't active to use until the other accounts are shut down?

Quote from @Greg Jeanfreau: @Vante Jay As with juat about everywhere else in the country The New Orleans market has many many active investors.

Hey @Jon Pflueger - your best bet will be to retain an architect, they typically have a good understanding of what's feasible and not in a specific zoning/area + will know how to handle variance permissions and etc. 

I never investigated further.I always questioned his recommendations because at the price/rent point he was advocating, the maintenance/cap ex would consume too much of the rent unless actively self managed.  

In fact many properties being shopped around by wholesalers are actually just expired MLS listings (properties that failed to sell on the MLS) or active MLS listings under contract by a wholesaler. 

We're now dancing around the 6000 total single family homes available which swings up as the weekends approach and new homes hit the market and retract below 6000 homes after the weekend and homes go under contract.There was a 3.2% increase in active listings from August to September, slightly lower than the June to July increase.