Good to know as I have a property coming on the market and we had one off market offer already all cash but at 10% list price discount (which we most likely will reject).Curious if you think the california fires will assist the market since many of those people need places to live for years and I am guessing some will flee california?

page=LoadVirtualDoc&BookmarkID=6536) that capped annual increases to the Taxable Value of a property to the lower of 5% or Michigan's Cost of Living increase.

Strategy 1: buy a duplex, live in one unit (for one year as a "primary residence) and rent out another unit as a short-term / mid-term rental on Airbnb.

If the house is under water with the OCWEN mortgage, then approach the mortgage holder about a short sale. 

The seller must think he is sitting on a really hot property, or the buyer is asking for too long of a DD period.

Financially it only makes sense to invest remote if you have a sufficiently large economic delta between the market you live/work and Milwaukee.

Will be difficult because you currently live in the property . is the 2nd unit livable and just looking to renovate ? 

That's what the cash runway is for - to cover your living expenses until you start making money. 

I have changed my rental strategy to Co-Living (rent by the room).

Note that water penetration is not limited to flooding from rising water levels on the ground in a weather event.