@Kenton Guidry - start by reading this thread, including my posts there: Any help for a newbie wanting to start off a real estate adventureThere are plenty of people who do flipping - figure out a problem you can solve for them and they will gladly accept you to shadow them.

. #3) See Above#4) Again, consult with a professional but some of the obvious differences that come to mind would be the needed coverage for your contents (personal/business property) as well as the liability differences. #5) We cannot speak to the claims questions.

to not see more here or hear much buzz about business in Louisiana. 

It does come down to your goals, your time to allocate, your business sense, your ability to bring or raise capital, and what you are trying to accomplish.I am personally not a fan of short term rentals, as it appears regulations in many cities keep making it harder.

Do you mind if I share this link with some people that ask me about the subject?

Quote from @Piper Pepperidge: Looking to do my first flip, was originally looking at baltimore, but it looks like it's moving towards a buyer's market and inventory is very high so I'm looking for other hot neighbors with low inventory.ThanksHottest markets are inner ring dc suburbs, moco, nova, even Howard and Frederick, I can tell though if you are a 1st time flipper you will lose money, I’ve been doing this for nearly a decade and I cannot hit my numbers, I met with a flipper a few weeks doing 12 a month, has his own crews, buys off market, literally a full time business, even he is struggling , it’s a bad time to flip right now tbh. 

Make sure you document the timeline of events and get as much documentation from the people you evaluate the situation.

Since I started managing I have tripled the business income due to adding additional properties. 

Remember these are auctions, so there will be experienced people who know how to play the game very well bidding against you.

I have people in my own organization who have case study after case study about gurus and gators alike.