I generally rule out most single family homes as viable rentals, as prices are pretty high relative to rents, so aside from some downtown neighborhoods, typically you do not find large areas of single family rental neighborhoods (a median sale price on a 3 bed, 2 bath home so far this year in Dane County on MLS sales data is at $430k). 

In any case, I doubt many people on BP would want to buy properties in Switzerland given the very low returns that can be achieved there.

If you've got people fighting over your listing and competition trying to get into the unit, then you're too low.  

Hi Joe,Using a Home Equity Line of Credit (HELOC) on your primary residence can be a practical and low-cost way to fund flips, especially since the terms you mentioned include only a $200 yearly fee.

More competition equals less income per cabin.It's possible you can grab a cabin at a low price from someone who bought at the peak in 2022,  Just do your homework and be sure you can make your ROI before you enter this market.

A few showings, one low ball...but this time of year in that area, things just slow down. 

So the Janitor usually wins, defined as making more passive income than your expenses, because his expenses start off so low and stay low.Unfortunately, after you play it a while, you get to know what to look for, like when that one stock becomes available for, I forget, $3 or something ...

But the average politician doesn’t want renters living in houses in their neighborhood.

@Blake R.From my experience, land investing is a low-cost, flexible entry point but lacks the cash flow and quick appreciation of multifamily properties.

With good credit and a relatively low LTV, they may price comparably.