I don't recall if the basic membership allows attaching but I'm sure you will figure that out.Oren

The wife is currently sitting in jail for a domestic violence charge, she beat the husband up the night they signed the contract, with no estimate when she will be released.

No doubt the pool  liner surface will also need to be redone as pool has been sitting.

If it's as good of a deal as your numbers suggest, I would be very surprised if it sits for long. 

It is a common mistake for new investors to not understand this concept of income investment properties.Also sit down and learn your state landlord tenant laws.

Yes, there is some time you can be sitting around alone, but it's also a great time to really make sure things are in good shape.

The AZREIA meetings (2nd Tuesday of the month) and subgroup meetings (4th Tuesday of the month) are a pretty good start so far as meeting people, but they are more sit-and-listen meetings with 15-30 minutes of structured networking.I think getting 3-6 people together is a good start.

If it were not owner occupied, I recall the rate would have been closer to 4.5 - 5%. 

If they sold, was it recently and how long did they sit on the market before selling?

New Orleans is a tough market to find deals in in the more/most desirable neighborhoods due to limited availability since after Katrina, most of them were scooped up in the last few years.My advice to you would be to offer the highest you feel comfortable with offering for your investment model and sit back.