EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

Research comps in the Milwaukee area or connect with a local appraiser to estimate your property’s potential value.Depending on the rental income, you might explore DSCR loans for your refinance, as they rely on property performance more than personal income.

Midterm rentals often offer higher returns than long-term rentals, but you'll also have to manage more frequent turnovers and potential vacancies.

While I haven't personally experienced any negative impacts from this fraudulent listing, I'm concerned that it could mislead potential renters and cause them financial distress.

I think it's the best way to A/B test the potential.

The income approach might also be used, evaluating the potential rental income the ADU could generate.

I would check as best you can before you even contract, but also for sure once you do contract and have the documents in hand.While there are some places for $150,000, there should be relatively few of those any more, certainly in buildings that have long term potential. 

I like the potential of AI to streamline our real estate investment processes.

At a minimum, having viable plans in place for development will make these lots more marketable and valuable to potential builders when we have conversations. 

If you place it in service in 2024, you can potentially benefit from depreciation this year, including cost segregation and bonus.