These are typically more like corporate housing or traveling medical professionals.Short term rentals—We've used Airbnb selectively as a way to turbo-charge properties that maybe have a small funky unit that can't command strong rents but still is a bear to heat in the winter. 

I'm a 25 year old father of two working in the medical field and have been trying to get into real estate.

Mike, the lot is almost 4000sq ft, it is right behind the new medical complexes and is two blocks fromCanal Street Streetcar; it's actually in walking distance to the Superdome.

You can then increase the value using your rehab/renovation skills and potentially refinance once the property is stabilized. 

@Jacob BassettNo single answer to thatStart by reading this https://www.biggerpockets.com/real-estate-investin...You need to decide for yourself based on your own skills, background, network and capital as to what is best for you in your market. 

Managing from a distance is a learned skill.

I still view them as no real difference than the little ones - takes the same skill set (for the most part) and time investment as a SFH or a Duplex... however there are a LOT of folks making noise in that market that haven't even done a single family house deal either.I get why a broker doesn't want to talk with people...

To be honest with you people do not mind lend relatives money for medical tuition bills and will not want to get into lending practice unless there is a profit sharing scheme.

Everybody wants the sexy high end of the market, everyone looks down on the low end and how many people are in it.All you really have to do to succeed in low-cost landlording here is to have the basic skills and time available to keep up the older, well-built properties.

I am a real estate agent and she works in the medical field as a speech therapist.