Grateful for any knowledge/information!

Just wanted to make what is the first of many posts and say hello to everyone :) If anyone has knowledge of multifamily investing in the New Orleans or Baton Rouge area (or is on a similar path), feel free to connect!

Additionally, if your goal is to maximize personal financial benefits, consider profit distributions from the property-owning LLC, which may provide tax flexibility depending on your situation.By adhering to FMV, maintaining proper documentation, and structuring the lease agreement carefully, you can optimize tax benefits while staying compliant.This post does not create a CPA-Client relationship.

My coursework has provided me with a strong foundation in market analysis, financial modeling, and investment strategies, and I am eager to apply this knowledge in a real-world setting.What I Bring to the Table:✅ Strong Analytical Skills – Proficient in financial analysis, market research, and investment modeling.✅ Entrepreneurial Mindset – Experience in business development and problem-solving.✅ Work Ethic & Adaptability – Always eager to learn, collaborate, and take on challenges.✅ Real Estate Passion – A long-term goal of building a career in real estate investing.What I’m Looking For:I am seeking an internship in real estate investment, acquisitions, development, or asset management—whether with a private equity firm, development company, brokerage, or investment group.

Without solid knowledge on this subject, you can easily end up in hot water. 

The lessons you learned the hard way in 2008 will be invaluable now, and it’s great that you’re aiming to stay small-scale and within your comfort zone of Sacramento, which gives you an advantage of knowledge in that market.Given your experience, I'd say start by focusing on three key areas to build confidence and minimize risks:Budget Control: Over-renovating was one of the big mistakes you mentioned.

@Lauren MerendinoI strongly believe that your chosen market should be somewhere that you can go to in person / have strong personal knowledge of / have family or a network in already.  

Stability: Homeowners tend to stay in their homes longer than renters, which can create a more stable environment for families and children.

Investing in the market that you have knowledge of and the economic factors that support it is necessary. 

I was considering staying close to home.