For example, I have a small HELOC on one property I keep as an emergency reserve and to take advantage of occasional opportunities that pop up.

It also increases the chances of something going wrong like the economy going sideways, emergency repairs (need cash asap),  or the FED increasing rates.

I'll be more selective and avoid renting to those with emerging credit or uncertain financial situations.

Starting with cash is a great strategy, but I would still consider using leverage to stay liquid for emergencies, which provides financial security.

New Orleans, with its strategic location at the mouth of the Mississippi River, emerged as a crucial hub for commerce and shipping, attracting entrepreneurs and investors eager to capitalize on its strategic advantages.The Louisiana Purchase not only reshaped the geographical landscape of the United States but also catalyzed economic growth and opportunity on an unprecedented scale.

It's a project to restore, for sure.As far as emergency housing, this obviously isn't going to work.

The main feature of them is when I use one as an emergency fund.

Not saying all but a big percentage.50 to 60 year olds might have a cell phone and be on the computer30 to 40 year old familiar with zoom meetings, texting, cell phone, computerskids to 20 year olds embracing group text, videos, all emerging technology etc.Of course this is not an absolute but in general as the age goes up the use of technology goes down.I could retire today if I wanted to and live off of the money the rest of my life. 48 years old now.Any industry out there has a certain golden age run up where those get in with the right timing and determination can do something magical.

Mortgage is 1/3 of rent, emergency funds are about 1/3 of rent, saving the last 1/3 for the next investment.

.- Revitalization: The area is seeing revitalization efforts which can be beneficial for investors looking to capitalize on emerging markets.Data Reference:San Antonio Business Journal: Reports on Alamo Ranch’s growthZillow: Provides home value trends and market insightsUltimately, “if the numbers work” is key, but these areas show strong growth potential and demand.