Have a mason inspect the brick exterior, failing lintels or joints that need pointed could be bigger ticket items plus can allow water pentration if you are not aware of them.  

@Evan TuckerWelcome to Bigger Pockets.

Your first paragraph hit on one of the bigger negatives for investing in NOLA. 

I would not rent to someone who was harassing me or threatening legal action, this is a bigger issue than the bugs IMO. 

Welcome to Bigger Pockets!

@Theresa KennedySee I agree with that and can understand it more for a owner selling but a bank using that kind of thinking makes no sense to me being the more REO properties a bank sits on the less lending options the banks have it causes issues for the bank getting their lending as all banks just get lending from bigger banks.

@Jeff Bisgier insurance and an umbrella policy will not help you if you are sued. read the fine print.

My sister and I are new members of the bigger pockets community.

My insurance agent suggested liability umbrella over my vacation rental property, "life," and my single family long term rentals with American Alternative Insurance Corporation.  

I've been listening to the Bigger Pockets podcasts for several months now, and decided to join the forums.