From a content perspective, the original book was written back in 2012/2013, when most markets were buyer's markets -- house flippers needed to be more skilled at selling property than at buying property, as buying was easy. 

But you can use other lease option strategies, such as the cooperative assignment.As for Wisconsin and lease options, from a legal perspective they are a viable strategy. 

I am particularly interested in neighborhoods with strong potential for growth, rental income, and community revitalization.I am open to various possibilities and eager to hear your perspective on these and other up-and-coming areas.

It really puts things in its proper perspective.

We are happy with both the purchases but wanted to get an outside perspective on if this is a good start. 

I’m Yoav Thomas Lawrence, originally from Israel, bringing a fresh perspective from the Israeli real estate scene to the Cincinnati market.While I’ve got some solid experience back home, I’m totally new to the U.S. market.

@Nicole Heasley Beitenman - I appreciate this perspective and the pushback!

I think this is a good start but ultimately from a neighbor's perspective in a residential neighborhood I think an STR next door has to be a net positive and not just neutral.  

I know there are inherent differences between these assets and SFH such as mandatory HOA, shared wall(s), no/small yards, but from an investment perspective, are they truly that different? 

Moreover, as we see happening in Vermont, you might see legislatures aware that pursuing aggressive measure less from the perspective of outright bans that de facto bans through excessive, targeted state and municipal taxes.