I'm wondering what people's thoughts are on the area, both as a rental market/cash flow, but also the chances of gaining some appreciation there if/when things improve there.It does look like there are some relatively reasonably priced (In terms of the average cost in Miami these days) properties for sale there - both single family and multi-family.

I read the beginners guide and started listening to the BP podcasts recently.I have very little knowledge in real estate other than purchasing my own personal property which I live in today and selling a single famly home for an estate.I'm very curious and interested in the BP community, real estate and other investments.

This is not a product type with which I am familiar, so I’m looking for advice on how to value a current opportunity.Let’s start the discussion by first considering a “single-tenant net lease” example … a free-standing CVS/Walgreen’s at a busy intersection.

I have purchased one turnkey single family rental in Alabama.  

But I bet your market is different, and you may have other events, businesses, facilities, or institutions which you can use for long-term rentals.

I have done a few flips of single family detached in the Denver metro area. 

The city has already started to fine owners not complying and have actually initiating having the utilities turned off in some cases.If you want to do short term rentals in NOLA, your best bet is to find property that would qualify for commercial short term rentals, although the zoning required for these is hard to find and likely not in the most desirable short term rental areas.

The LLC owns nothing and really does nothing aside from be a single number, website, address, and name on an office door that any of my tenants can contact.

THe logic is that STRs are a nuisance to the quietness of residential single family neighborhoods.

For me, every single listing on the market is of value - it is either a deal to purchase, a retail ready property that helps you price your flips, or a perfect example of what NOT to do lol (that 300+ DoM property that the owner begrudgingly lowered the price after it sat too long and is now unwanted inventory).