But it has it's own particular attraction and feel to it.

New Orleans, with its strategic location at the mouth of the Mississippi River, emerged as a crucial hub for commerce and shipping, attracting entrepreneurs and investors eager to capitalize on its strategic advantages.The Louisiana Purchase not only reshaped the geographical landscape of the United States but also catalyzed economic growth and opportunity on an unprecedented scale.

My first purchase in 2008 was not great, but I did not have anyone and my agent was a very nice older lady, but no help with investment strategy.

I ask because there is a very long list of attractive communities that would rank higher than the Coamo (south) area.

Or cash out refi into another attractive property you would want instead of losing all that tax and using only what's left of the proceeds to reinvest.

Maybe they are in good growth areas where rents and values seemed to increase greater than average, or maybe they consistently attract good tenants, etc.

Many borrowers that elect to utilize a first lien position mortgage as opposed to a HELOC try to reduce the pre payment penalty (to one of none) so that they can pay down the loan balance from the proceeds of their completed acquisition and refinance at a lower loan amount.Another alternative to DSCR cash out refinances could be fixed rate second lien position loans which can offer expanded guidelines and slightly more attractive loan rates. 

Man made attractions like amusements parks, sport cities, etc., will have an ebb and flow of visitors depending on the current demand.

It's not in horrible shape, but it's old and outdated and been vacant for several years leading to a less than attractive home. 

STR looks like an attractive option but I am a novice in this area so looking for input on realistic income and cost estimates of a STR managed by a 3rd party property management company.