Any decent and experienced local property manager will tell you that.

You'd just need to check with the lenders what they allow up to.Having experience (completed rehabs in the last 3-years tends to be what most lenders look to qualify as experience) will help you reduced your down payment all the way down to 0% in some cases for extremely experienced investors.

The time has now come that my wife and I are finally ready to pull the trigger on our first property - a residential multi-family in the Milwaukee area.At the same time, I've been experiencing severe burnout and unsustainable amounts of overtime at my day job (60+ hours/wk for months).

Any thoughts on the future of this neighborhood that is situated adjacent to Tremont and Ohio City, which have experienced a boom (read: gentrification)?

Bigger Pockets is an excellent resource for learning and connecting with experienced investors.Here’s a simple framework to analyze deals: Set Clear Investment Goals: Decide if you're looking for cash flow, appreciation, or both.

I was also told this by someone else who experienced something similar and has property listed with them.  

It’s great you want to do the labor yourself, but it might be a good idea to work with someone a bit more experienced to start off.

There is an experienced community here that when you as the right questions you can get some good insights.

As you get more experienced and build relationships with lenders, you'll likely be able to secure better terms.

Things that require security like this add financial risk because construction is like herding cats, And can be filled with time delays that mount up .This is something a more experienced operator might have known to look for, but still read and notate every contract before signing.Good Luck!