The most similar scenario I encounter is folks who buy trailers for dirt cheap to rent out here. 60k entry (or whatever they are going for) then 600 a month to lease the pad/land.

MKE is still a great market, but quality investment grade properties are not exactly cheap and that is probably true for most Midwest markets.

Some places are cheap and look great on paper, but reality is very different as they have higher turnovers and more problematic tenants...they also don't increase in value as much.

at $5/lead, do any leads close at $100/lead, do the leads close, it might be worth far more for good leads, than just burning money on cheap leads.4.

@Nubia Silva seems like relatively cheap repairs so I would advise to not make an insurance claim if you intend to expand your rental portfolio.

Prices are super low and cheap.

I have heard your thoughts on investing in cheap Midwest.  

@Ashish Wa you always end up getting exactly what you paid for.You should only go cheap when YOU know exactly what you are doing.Newbies trying to save pennies, almost always cost themselves dollars via their mistakes.

Even an agent won't typically do these unless you hire them to place a tenant.You seem intent on being cheap, thinking you have to be to save money. 

Expenses are extremely cheap for it as well compared to my other units.