If you start in your market now and then transition later.. you will have to rebuild your entire network and start over with your knowledge on the selected market.I suggest looking into OOS investing.

Ultimately, adopting an investor mindset means being proactive, staying informed, and continuously seeking knowledge to make informed decisions.

I'm planning to invest 1 million on real estate however I have little knowledge on real estate investing. 

Cities then have no choice but to reduce services.

But if “by doing” he means investing without first having the knowledge to KNOW the risks, EVALUATE the risks (and potential rewards) and to TAKE ACTION to reduce the risks then the cost of this learn by doing education is probably going to be significantly more expensive than a degree in real estate from MIT, let alone reading the\ree or four texts on your own.  

Using my knowledge, I estimated the remodel cost, Found the estimated Resale value using comps.

Over time I branched off and worked in the various other fields building my skills and knowledge.

I'm in my gaining knowledge and setting up my foundation phase and currently focusing my efforts on wholesaling with a goal of moving to flips.Excited to learn and connect with you all!

Also, the LLC does NOT eliminate any personal liability on the next loan application which is a popular selling point by ill informed DSCR brokers on this board (but they rarely mention the higher financing costs that come with financing in a LLC) IMO, proper insurance coverage is a better choice. 

Local Market Knowledge: - What can you tell me about the Milwaukee rental market trends?