Louisiana is also a very landlord friendly state and that doesn't hurt either.I have been looking at the rental data in New Orleans lately and it seems like there may be a surplus of rentals available, most likely due to the STR rules causing people to switch to regular long-term rentals.

This approach makes the property attractive due to its steady rental income and immediate returns, and it can appeal to buyers seeking hassle-free investments.

Do you know how you will handle late rent?

The 10 year return on expensive markets like CA, Seattle, Boston, etc. obliterate those of cheap midwest markets.

Apparently she’s made some recovery progress to the point that returning home would have been an option.

I'll update the postProperty value is $125k  means % return for the investor a Savvy land note buyer will want a 20 to 30% apr return on land only notes. 

Whenever you are spending a dollar from the business, you should be saying to yourself "In what way does this expense return more than I spent?"

Now, if she did that in a prior year, you technically would have paid less taxes than you should have and will likely need to amend your return.

The other picture (with the green boxes) is the return for possible scenarios - MTR, STR, LTR - but all have negative cashflow.

Work with a CPA to optimize your tax returns to reflect sufficient income for future loan approvals.