North Baton Rouge / flood-zone pockets (deep value)

The lowest entry prices and highest paper yields in the city, in older pockets with scattered reinvestment, many in higher-risk flood zones.

Flood insurance and repeat-loss exposure can erase cash flow, plus higher crime and deep deferred maintenance; advertised returns rarely survive the true insurance, repair, and management picture for a remote owner.

Investors who understand that the highest advertised yields often come with the highest execution risk.