Defining your WHY, getting really deep into why you want to get involved is your first step.

Commercial development within the village center in the NS district should be compatible in scale, character and intensity with the surrounding residential neighborhoods."

This, to me, shows a lack of character that goes far deeper than you potentially "jumping Realtors".

Article VII, Section 25(B)(2) of the Louisiana Constitution provides “In the [C]ity of New Orleans, when such property sold is residential or commercial property which is abandoned property as defined by R.S. 33:4720.12(1) or blighted property as defined by Act 155 of the 1984 Regular Session, it shall be redeemable for eighteen months after the date of recordation of the tax sale by payment in accordance with Subparagraph (1) of this Paragraph.”  

It will help you define how you want your investments to perform. 

ABC's is definitely a great intro book for what to expect with Real Estate Investing, as well as defining concepts and working through equations and such.

Those as of yet aren't defined as well as with the agent but I can blow through those listings quickly.

@Joe AridaThe way you close will not change the character of the business/income.It looks like you are wholesaling - correct me if I am wrong.

In the future I would stay inside the busy streets to get a more defined comp area.Bottom line, know when to cut the investment and move on.

If she insists on breaking the rules regarding late payments, there's a very good chance she'll break other rules like paying the last month of rent or leaving the property in good condition.My decision would be defined by your definition of "good" over the years.