When I have these questions, I try to think about what I would expect from my landlord as a tenant.

House hacking is an awesome choice for starting out—it’s a great way to cover your mortgage while gaining landlord experience.

The state doesn’t have rent control laws, but landlords are prohibited from collecting more than one month’s rent for security deposits.

again this is my perspective I was the largest HML in Jackson market from 03 to 08  and lived there for one year cleaning up all the foreclosures I had from failed landlords in 09  I lived out at Reunion which is great neighborhood but you not allowed to rent homes there..

So the effect is a confiscation of private property and a transfer of the property for no cost from the landlord to the tenant. 

That makes me think that landlords see that and are influenced to raise rents to that number.

I am looking at it as a CFO perspective and not as a landlord. 

I will not be using an LLC and so will pay landlord insurance and be able to make deductions directly from my personal income.

You can do some sourcing yourself through Facebook groups, and online RE communities , and even pick up the phone and cold call some homeowners that may be tired landlords, don't owe anything, and have built up some equity.With enough volume, you should come across some solid deals.  

Wisconsin is not a landlord friendly state by no means, and after 7 years of being a landlord I am just now finding this out.