There are some exceptions for commercially zoned properties.In the NOLA.com article posted above, you will find this info:"The main change in the rules will allow short-term rentals to operate in residential areas only if the owner lives on the site and has a homestead exemption to prove that it’s their primary home.

I've always been a fan of going for the most rent you can get with a residential mortgage.

Was already doing residential investing and was needing a place to move my dry cleaning business.

The difficulty with the refinance part of BRRRR is when you use residential loans your credit and DTI are effected.  

Whereas the value of a residential property (1-4 units) is based solely on the comps and therefore market value.

But local governments are allowed to license and inspect properties.While the proposed changes would ban ordinances that specifically target vacation rentals, cities and counties would still be allowed to pass ordinances dealing with noise, parking and trash, so long as they apply to all residential properties, the bill’s supporters stressed Thursday.Much of the debate on the proposal focused on the property rights of people and businesses that own the vacation rentals and the property rights of neighboring homeowners.

I’m curious to know if getting to know the commercial and business markets helps with home buyer knowledge as well, of if that time is better spent on the ground in residential areas.

Typically the only other contingencies a buyer would have with the standard Louisiana Residential Agreement to Buy or Sell provided by the Louisiana Real Estate Commission is for financing and appraisal, but if you have a contract that is a cash purchase with an as is sale, then you have no other options to get out of the contract.See lines 197-200 on the contract:  "FAILURE TO GIVE WRITTEN NOTICE OF EITHER TERMINATION OR DEFICIENCIES AND DESIRED REMEDIES TO THE SELLER (OR THE SELLER’S DESIGNATED AGENT) AS SET FORTH IN LINES 161 THROUGH 180 WITHIN THE INSPECTION AND DUE DILIGENCE PERIOD SHALL BE DEEMED AS ACCEPTANCE BY THE BUYER OF THE PROPERTY'S CURRENT CONDITION."

Residential or commercial lending?

I have finally decided to take the leap of faith and sell real estate, I am very comfortable with commercial side of it and just learning the residential side of sales rather than leasing.My hold up is knowing which agency to sign up with to maximize my profits and success.