Not recommended to DIY it, it's fairly complicated.

There is a complicated set of assumptions that go into calculating demand.

It was also $900 a month and very complicated.

There are several niches that we will explore and focus in order to be successful, but we have found that we typically see returns of 2-5 times of our original investment.The challenge with entitlement is there's definitely quite a bit more risk involved as well as a very complicated process (hence the higher return). 

The risks, such as triggering a "due on sale" clause and complicating your taxes, often outweigh the benefits. 

I'm also willing to experiment with different techniques. 

I agree with those above that it could be complicated but I'm not in this space.

Turns out the financing piece is a bit more complicated when using a SDIRA, but still a great option to add some diversity to your rental portfolio.  

Property tax reassessments have also resulted in higher taxes for many homeowners, further complicating the financial equation.While efforts are being made to bring more insurance companies into Louisiana, the relief has been minimal.

This is easier for someone who earns a fixed salary, no overtime, no complicated pay structures, not a business owner, etc.