If the COC has a difference of 0.3% who cares?

Kind of like sports star's endorsing a care or something.

I am wondering if this area is 1) investable, 2) safe, 3) What is the long term outlook for this community? 

So if we had not been proactive on this, there is a good chance Chase never would have noticed or cared about it.

You'd be surprised how often a deal can happen using this strategy but it is also important to run the numbers and make sure your COC return, etc are in line with your expectations.Probably the lowest risk is partnering because a seasoned investor will verify the deal (hence their participation) and likely take care of the initial money required.

Quote from @Tika Sanyasi: @Aristotle Kumpis: I was thinking of being the landlord and managing myself but, was wondering if the distance is too much to cover to do that.

Be careful. 

Some of my Scottsdale connections who specialize in land deals have been whispering about how a few smaller outfits in Casper.. from what I’ve heard, outfits tucked behind older storefronts, have been matching buyers with off-market parcels that never even hit the usual channels.If you line up your financing carefully (no legal or tax advice here, just speaking from experience), you can sometimes lock in a deal that ages nicely over tthe years.

Just wondering how you feel about the unique challenges NOLA has relative to economy & climate change (insurance), population decline.  

Just be careful as not everyone on sites other than FF are working professionals.