While yes, the footprint is small and small does not always mean less expensive, it does require thinking creatively to achieve the greatest return and yes, the return can be great.
Read MoreWe all enjoy trying on clothes before buying them, right? Think of test fits as the real estate equivalent of trying on clothes. Lately, we've seen a surge in feasibility studies for potential properties, which are often referred to as "test fits". This increase may be a response to last year's freeze on short-term rentals in Orleans Parish, which left many developers wondering, "What else can I do with this property?" Let's explore some key questions that test fits are designed to address.
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