This is my first time renting out my whole house (I did a MTR one summer and had someone live in one of my rooms while I lived here) and I am a little nervous about getting started!

I also live in Maryland so I want to know your experience in certain areas.

I invest in New Orleans because I live here.

(I had just presumed - perhaps wrongly - that much larger buildings (say 12, 20 or more units already have a live-in super or some other arrangement in place...)

Great convo guys....maybe worthy of a facebook live discussion.

Most Californians will just use living revocable trusts for holding assets to avoid probate and allow for proper estate planning, and then achieve liability protection through other means such as LLCs, insurance, etc. 

The cost of living is extremely low compared to other cities and you can still many many positive cash flowing and 1% deals here.

Do students live ther? 

We live & invest in the in Olde & East Kensington / Fishtown area mostly. 

in the slightly less desirable area, 12-1500 sqft (goal $14-1700/mo)1BR below it with living and dining, porch, and great stained glass and architectural features, 1000 sqft (goal $11-1300/mo)This building also has one driveway space thinking $50/mo2 x 2BRs, smaller but in the more desirable location ~1000 sq ft (goal $14-1600/mo)1 BR small in the more desirable location ~ 800 sq ft (goal $9-1100/mo)TR: 6200-7300/moOrder of operations would be as follows: 1) Accounting and structuring - still a lot TBD but I am meeting with a CPA firm with a lot of real estate structuring and consulting experience, I expect they'll be pretty expensive but this doesn't seem like a good place to cheap out.