There has been a dramatic increase in listings, but if you keep your rental nice and kind of unique/stylish, it's likely not a bad investment idea.The city/region has a major issue right now regarding hotel/short-term rental availability.

For what its worth, the Milwaukee region is growing slow and steady like it has since the original boom tapered off in the early 1900's.

Also if there's any other regions you'd recommend in the north-east or mid-west, I'm all ears!

Most have a tenant rep broker they use and connect you up with them.Cap rate is usually tied to location ( urban,suburban,rural), location and quality of the tenants ( national, regional, mom and pop), and terms of the lease ( primary lease term in years, level of lease guarantee, rental increases, any termination rights, disclosure of sales, restrictive use rights, co-tenant anchor clauses,etc.).You need a void analysis from a landlord rep leasing broker.

A recent paid study showed that Gaston county had the best opportunity for growth in the region due to its infrastructure, plus Gastonia is putting major emphasis on growth and community development.  

So the unanimous response seems to be to go with a local to property regional bank.

Mom and pop have  a higher failure rate average than national chains and super regional tenants.Built in the 80's is a very old strip center.

HVAC is definitely more expensive in New Orleans than other regions, but can still be had for a reasonable price with some digging.

@Mel HayesHowdySome Great answers here, I like the Regional Airport, lol.

Looking for recommendations for REI attorneys in the Western Mass region.