Nonetheless, I could see applying this law but only to rentals owned by a single person above a certain number.

I feel like the initial investment is a little inflated.

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Quote from @Portia Dampier: Hi BiggerPockets community,I’m fairly new here and somewhat new to real estate investing.

Only luxury single family houses will be built. 

Don't have any land specifically, although we've got a small town about 40 minutes north of Baton Rouge we've been investing in lately that seems to have some demand.

When investing in real estate, having multiple exit strategies is key.For a single investment property, make sure the numbers work for both scenarios: 1️) If you decide to sell the home, the deal should produce a solid return. 2️) If you need to rent it out, the rental income should cover expenses and provide a profit.Flexibility is what saves you when things don’t turn out as planned.

Because their investments do NOT have a higher enough ROI adjusted for risk.  

Best of luck investing.  

The three single car garage spaces are vacant and not durrently being utilized and can be monetized through rent.