I’d also reach out to the Hancock County Planning Department to get a feel for how flexible they might be on replating and rezoning—better to get ahead early.For renovations, if you don’t have boots on the ground yet, ask for referrals through local investor-friendly agents.

Ideally, you'd want closer to $40k-$50k to feel truly comfortable and have a safety net for your first investment property.

I would like to invest here but there are two large hurdles: Negative cashflow down paymentI feel that Boston is a fantastic city to invest in.....if you are well capitalized.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

My goals include cash flow and appreciation and I realized there were other properties that better align with what I am trying to accomplish.

One number which does not include the original rate buy down, is $7K less than the original list, and does pay both the agents commission.  

Obviously they are running against the zoning policies, always feel like doing something in the gray.

If you don’t have the parcel’s block & lot #, you can use the street name & # to pull up public record docs including deeds, liens, violations, etc.

Another key point in loans is that the broker or direct lender will often try and include the costs into the loan, for some this is fine but you are paying interest on that money over a long period of time....FYI

Just wondering how you feel about the unique challenges NOLA has relative to economy & climate change (insurance), population decline.