Out of state investing - input on Milwaukee market

[Victoria Tanaka]

Hello there! I'm based in NYC and have been trying to decide which market to invest in out of state. I think I want to move forward with Milwaukee, WI for the following reasons: I lived there for 7 years, know the area well, have a great network, and although population growth hasn't been as consistent, the rental demand is strong, and it's a city I still frequent a few times a year. 

I'd be curious if anyone has any experience (benefits or risks) in this market and what type of property you've invested in (looking at either apartments/condos or multi-family property). 

I'm also open to any advice you might have for someone who is buying for the first time and doing it out of state no less. Thanks in advance and happy to be joining this community!