Easy to keep it to a comfortable temp.

I'm quite new as an investor, but with three books by Biggerpockets authors under my belt and plenty of enthusiasm, I'm ready to keep learning and to connect with like-minded people in my area and beyond.

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

Lake Geneva and Walworth county is beautiful, they keep it pretty clean with  strict conservation and zoning... 

Germantown has plenty of opportunities, especially if you keep an eye on areas with improving infrastructure or schools.

It is important to keep this in mind as it might not be neccesary to go through these gyration to only find out you could take the losses regardless.  

In order to get there it would be good if you could keep feeding cashflow proceeds back into acquisitions, on top of your continued W2.Speaking from experience, you can manage probably 30-50 units yourself nights and weekends before you really need to hire someone.

Do you want to keep the in-laws' house?

For us, we have insurance on it and found it easier to keep in the trust vs. llc and have to deal with state filings etc. 

Keep in mind that many responsible agents tend to be conservative with their valuations, especially in today’s market, where properties aren’t moving as quickly as they once did.If we’re in a conservative market, pricing on the lower end may make sense, but it’s always good to weigh your options carefully.