I'm finding the Louisiana market is very competitive and it has been impossible to get deals from the MLS under contract for the right prices.

@Bang Tran You will more than likely report on Schedule C, however it's impossible to give tailored advice without seeing your previous year returns and current year information to understand your tax position.

Contractors can also be a little tough to find (I've got a post on this coming out tomorrow) but not impossible. 

not impossible, just more difficult. 

You should be able to find 10% COC all day long, but if you're looking for a 10% CAP rate, you'll have a pretty hard time finding that (like nearly impossible) in Dallas unless you are ok with something that needs a fair amount of work.

Clearly, that's impossible to calculate for a tenant who only use the center for a few hours per week and doesn't occupy any part of the area we use to determine the pro-rata share of expenses.

It's not impossible to succeed without a plan, but it would be like trying to run to the finish line in the dark, hoping that you don't collide into obstacles or fall into a trap on the way. 

It's impossible for anyone to give you a fully inclusive template because the definition is so flexible.

Blanket loans can be helpful as you only have one payment for all of the properties, however if you choose to sell a property, then you need to replace it with an identical property, which is almost impossible, or go thru the underwriting process all over again.

I have heard that it's near impossible to buy a condo now to rent out to someone.