Hey Jalen, can't speak specifically to MKE though I'm just below the state line in Chicago and can confirm there are ample 2-4-unit properties in the area in need of renovating.One trick with BRRRR investing is to pay a large down payment (30%+) to boost monthly cash flow.

Once you've established your goals, develop a strategic plan to attain them.

Seller has mortgage on property unknown amount possibly 600k.Any thoughts on attaining financing.

Whenever you are using leverage, you need to have ample slack in the system and sufficient cash reserves (or access to cheap & instant cash) to cover vacancies, capital expenses, unplanned maintenance, and other issues to avoid missing your note payments. 

The real estate markets are cyclical (SFR) was a great buy opportunity as it had ample runway for growth still at the time, both from valuation and rental prospect.

@Allen Wu- .25% rate difference wouldnt be  ample for mw to choose to use a 10 yr arm  versus a 30 yr fixed ....especially  if the proeprty will be a long term hold .....once rates  drop you can  always  look at rtefinnancing options ....make sure to  review all the rate / fee options ....the  more you are willing to pay in loan fee ( points) the  lower the rate you can get will be 

.: sufficient equity to cover a min $15K budget and ample up-side potential to deliver a sufficient positive ROI.

Did I mention ample reserves?

It’s an attainable achievement it’s just a bit harder now.

With [number of bedrooms] bedrooms and [number of bathrooms] bathrooms, this home offers ample space for you and your family.Property Overview:Location: [City, State]Monthly Rent: [Enter the desired monthly rent]Available From: [Enter the date when the property will be available for rent]Key Features:Bedrooms: [Enter the number of bedrooms]Bathrooms: [Enter the number of bathrooms]Square Footage: [Enter the total square footage of the property]Parking: [Enter the availability of parking spaces (e.g., garage, driveway, or street parking)]Laundry: [Enter the laundry facilities available (e.g., in-unit washer and dryer or shared laundry room)]Appliances: [Specify the appliances included (e.g., refrigerator, stove, dishwasher, microwave)]Utilities: [Indicate whether utilities are included or not]Pet-Friendly: [Specify whether pets are allowed or not]Outdoor Space: [Describe any outdoor amenities like a backyard, patio, or garden]Additional Features: [Mention any additional features like hardwood floors, fireplace, or walk-in closets]Property Highlights:Spacious and well-lit interior with [describe any notable architectural details or design elements]Open concept living and dining area, ideal for entertaining guestsFully equipped kitchen with modern appliances and ample cabinet spaceRelaxing master suite with a private bathroom and [mention any unique features][Add any other notable highlights or selling points of the property]Location and Neighborhood:Situated in the heart of [City, State], our home is conveniently located near [mention nearby amenities such as schools, parks, shopping centers, and public transportation options].