Adjacent to the kitchen is eat -in space for breakfast, and a spacious dining room fit for a large table and buffet.

IE never gentrify and values never changed from the peak of the 80s.. its picking those path of progress that is were the real money Is made in real estate you get your cash flow and MASSIVE appreciation . or you need 100s of doors if your only going to count on 100 or 200 a month for cash flow for decades.. 

A massive feeling of doubt starts to consume me.

Warren Buffet was asked why doesn't everyone copy your investment thesis it is so simple? 

Your legal and compliance costs will massively eat into your profits.

Check your property tax basis on all investments there... some counties are not investor friendly, owner occupied gets a massive break unlike Polk/Dallas in Iowa.I've got some references back that way including contractors and realtors if you need a connect.

WI is a hot plate of rental properties right now much opportunity I hope you take massive action 

If you do not refinance, do you take on massive amount of debt and just collect the small difference between your investment property expenses and income until you fully pay off the loan?

I do leave room for the Warren Buffets of the world, but there are not many Warren Buffets. 

If the older building i am trying to purchase has newer construction in neighborhood ie brand new massive apartment units, is this something I should be worried about or something that will help me?