Baton Rouge had a major flood event a year ago and it stands to reason that there would be a huge disparity between purchase and resale prices of properties that are flood damaged.  

Your best bet will be a local bank or credit union.  

My questions is for the next tenant I want to add some things to my lease.1) 2 month rent penalty if they break the lease2) When they sign the lease they pay me damage deposit and 1st month's rent which is non refundable if they break the lease.

Legally, you would be entitled to sue him and recover your damages and, if your contract or state allows it, your attorney's fees.Practically speaking, are you willing to hire an attorney at $200+ per hour to chase a few hundred dollars and the possibility that you will get your attorney's fees?

You could try pulling a credit report.

a business plan sample or template I did not know there is such a thing - maybe some of these ideas will help with you form a template for investing in multifamily units....know how much money you can put your hands on todaycreate a credit line ( as big as you can - you'll need it!)

As you'll see below from the photos, the damage was pretty severe - including smoke and water damage as well.

I currently have a single business partner and we're looking to invest in a multi-family and house hack our investment to raise capital and credit for other deals.

I've heard various rumors, bu I'm not in the best position (cash available, lower end credit score) to buy but I have a year to get everything in order.

We're currently saving a good chunk of our incomes each month for a down payment on something and we also have access to a line of credit if needed for potential rehab costs.