Quote from @Salil Surendran: You MUST convert to landlord insurance.

There are a lot of quirks and oddities in Louisiana law where the current tenant can assert that they have an implied agreement that they can pay late, stay X months without a lease, do whatever action, etc, based on what the current landlord/owner has allowed and told them in the past.

Or the developer can close on the land at risk but they have a lot of capital when that's the case.  

If you decide to sell it after a Padsplit conversion, you can't sell to traditional homebuyers or long-term rental landlords.

Build equity while gaining experience as landlords.

We have a member round table discussion on Fridays at 9 am cst.And we have a calendar of events with events from area landlord groups and member meetups.While we are still on zoom we do try to find ways to still be able to connect and talk with each other so our events are not all just another webinar with people talking at you.Hope to connect.

Hello @Jeanette Land - (Great last name by the way to be into Real Estate)...

the only thing with that is protecting future landlords.. but then again thats a personal choice..  

.- Analyze Comparable Properties: If you’re working in a specific market, reach out to other landlords or property managers with similar assets.

Arizona is more landlord-friendly, and I’m familiar with the area, which makes it appealing.For those with experience in either market, what are your thoughts?