You've got to really, really, really understand the zoning for each county and mind the fire insurance hazard premiums.

A few things to keep in mind: Getting a property rezoned in New Orleans is rather difficult these days, and city hall is a disaster.

Continue to be active on here and stay in the game!

What are your thoughts on a tenant who lives in the property(long term) but does not have an active lease.

Would love to network and meet some like minded locals.

Jessie, if you're active in the area, let's connect

Mind you we have been officially in a minor recession the past 2 years and Raleigh's growth continues very strong.

@Michael Greenberg, if you don't mind sharing your cash-on-cash calculator and tracking sheet to me as well, I'd appreciate it!

I'm new to this whole investor thing and I'm looking for like minded people who don't mind helping me out with my real estate education

Generally, for the optimal refinance, these are top of mind for BRRRR strategy investors:Return of capital: The key “secret sauce” of the BRRRR method is to build portfolios using the same capital over and over—which relies on getting your basis (or more) back on the refinance, where basis refers to the money you invested in the property (down payment and cash used for renovations).Speed: Refinance lenders use the term “seasoning” to refer to the amount of time (typically in months) between the purchase of the property and the refinance.