@Mark Brauer I am Interested in learning more about the company.

They could be looking at the space to check legal egress, ceiling heights, window location and size, fire separation between units/hazardous areas (like boiler rooms, etc.) or a whole host of other things.

Some of our rents are a touch low yes, but a good number of them are above the area average... it's hard to put all of this into a single post because we have everything from small 1 bedroom efficiency apartments to large 3 bedroom/2 bath homes with additions, big yards and multiple space garage areas. 

For investors, patience and strategic planning will be crucial in identifying profitable opportunities amidst the challenges.ConclusionThe Greater New Orleans real estate market in August 2024 is marked by shifting buyer preferences, evolving investment strategies, and challenges for sellers.

@ Mark thank you for the webinar link. 

Don't buy your first property sub to or seller finance...there are enough question marks on your first deal.

Looking to pursue some deals in the area and would like to get in touch with an agent who is specialized and experienced in the STR space.

Thankfully, we’ve already hit the mark on about half of the criteria you mentioned.

I would reach out to local people in that industry and inquire on what they are currently paying for property space to inform your decision.  

It's required by ordinance that the water be changed between each guest.There may be a certain amount of trial and error as you work with your cleaning/maintenance staff, communicate well with them but give them space to do their jobs, and if it doesn't seem to be working out, go to someone else.