@Edgar Samperio there's a fairly large meetup every month and a Saturday or two held by the IEREIC group.

I have never done it but it is fairly common for some to get started house hacking a smaller multi family property. 

Hello Carolyn,If you want to risk the opportunity of having a fair housing law suit I would move pass asking for any additional deposit on the property.

@Logan Jorns , if you're making fairly low profit, then no it isn't worth it.

To get an edge you will need to develop relationships with brokers and lenders to ensure that you are first on their mind when they come across a deal that fits your criteria. 

Whenever you are buying a property out of state you should do a few things to ensure it's as smooth as possible. 

Here’s the situation - my fiancé inherited a very nice house from fairly wealthy parents.

The Louisiana Homestead Exemption exempts the payment of property taxes on the first $75,000 of the homes fair market value ($7,500 off of the assessed value).Also, is the property in a flood zone?

We have a great relationship, and I know i can get a fair deal on it.

@Jim Brandt , Unfortunately, a house that is in your name and used for personal purposes for more than 14 days during the year, or more than 10% of the number of rental days if greater, is considered to be a residence (not a primary residence).You are deemed to have used a property for personal purposes when it is used by: Anyone who rents the property for a price that is less than fair rental value.So the house will not qualify for rental property or investment property.