The neighborhood is definitely booming right now. 

There is a lot of information on the new apartment developments and the general consensus is that there may be an inevitable saturation point now or in the near future, at least in the university area but perhaps city-wide:New and planned apartment construction puts pressure on older unitsBaton Rouge multifamily market becoming overbuiltBaton Rouge student housing boom not expected to lastIn this type of environment which is probably common in many college areas and even non-college areas, with a large number of available units and the potential of acquiring a less flashy property, is there much of a future in investing in that type of smaller multi-family property?

Many people got bit by the 90's condo boom/bust.

Boom, time to get started.Which leads me to my problem.

The boom in rents may finally be over - Business Insiderhttps://apple.news/AXD67uSxWSyKjZ742Jq2HlwInterested in thoughts/comments from experienced syndicators.

Two extreme examples:Example 1: If all it is lacking is an oven, then call a friend, get a dolly, get on craigslist, throw an oven in, hook it up, and boom problem solved! 

BOOM!

Sacramento and Stockton are booming and will be much safer investments heading into the future.I could go on, but I'd be rambling since I don't know exactly what you're looking for.

Christchurch NZ is not doing well at all. the Rents are declining do to over supply and prices in most areas have stagnated. the BIG Economic Boom of after the Earthquake lasted for 3 years straight after the EQ and when there was housing shortage. now there is over supply of renovated, fixed up homes. 

I'm very interested in this property as it is TWO houses, in a very up and coming area that is really starting to boom.