No, I have not done something like what I am proposing, which is one reason why I'm looking for some input on this forum :)- House hacking would be a good idea, but moving for my family is not an option right now. 

Louisiana—Property Tax—Administration of tax sales of immovable property.L. 2024, S119 (Act 409), effective 01/01/2026, upon adoption of the proposed constitutional amendment at the statewide election to be held 12/07/2024, repeals numerous provisions related to tax sales and provides that the assessment of property taxes and other impositions on immovable property will constitute a lien and privilege on the property in favor of the political subdivision to which taxes and other impositions are owed.

No zoning issues with your proposed use of the property?

Just wanted to share, I've noticed a loosening in down payment requirements for DSCR (debt service ratio loans) that either use the actual or proposed rental income to qualify.

This increased demand and consumer spending during a time of extreme low supply, means prices go up.Remember, this is the third inflationary housing policy in as many months proposed by the federal government, all during an extended 3-year time period of high inflation, which is still near double the Federal Reserve’s target rate.

What do you think of this proposed law?

To qualify, an investment club:must not make, nor propose to make, a public offering of its securities; andmust not have more than 100 members.A public web site or other public communication that could be viewed as suggesting that a club is looking for new members might be considered a public offering.

I just wanted to take a few minutes to propose a thought experiment in hopes of sparking a discussion on what the practical strategies to achieving financial success are and what the necessary disciplines one must apply to get there.

California will be more competitive but you have the equity available for the right property and can utilize the proposed or existing rents to qualify on the new property.

The list does move, but realistically this could be a 3-4-5 year wait, presuming nothing else changes in the proposed wait period.