Then they can have a nice meal out with the family and enjoy the gift while they're relaxed and in a good mood.

Note dealers are, IMO, pretty relaxed about discussing their notes and I've been guilty of it as well, but really if you hold a note you should have a LOI to discuss the note and any deal.A bank certainly wants something to show that there is at least a potential business arrangement over the subject note(s) as they are not going to discuss individual customer details with anyone off the street.

I think one of the most important muscles for a new real estate investor to develop is the ability to ask the right questions.

Take the remaining $1000 and buy a couch to relax on while the rent checks are finding their way to you LOL.

He said as long as you pay your dues and taxes on time, the local municipality is pretty relaxed. 

There are occasionally holes and broken windows, but they pay more, sign year leases, never threaten to sue me, and are pretty relaxed regarding maintenance issues.

You will find them more relaxed than you knocking on door with enough 'luggage' to stay a week.

They handle everything from finding the right property to managing the tenants and repairs, so you can relax and focus on your other priorities.If you are interested in learning more about how I can help you achieve your real estate goals, please don't hesitate to contact me.

@Darius Ogloza they likely have been rising but the question is, is it sustainable especially due to impact on investor properties, reduction in rent, students leaving, ppl moving out of Bay Area due to relaxed WFH policies

Properties that are zoned mixed-use or commercial can be an exception.See the following links for more info:Short Term RentalsOWNING SHORT TERM RENTALS IN NEW ORLEANSA Guide To Orleans Parish's New Short-Term Rental RulesHere are a couple of recent news articles:Weak enforcement of short-term rental rules could cost NOLA millionsNew Orleans council wants more muscle in fight against illegal short-term rentalsI took a quick look at the doubles listed on the MLS to see what is out there at 200k or less, and there isn't much and most of them are in rough areas.