In Milwaukee, look into networking groups like the Milwaukee Real Estate Investors Association (MKE REIA) lot's of different approaches covered including wholesaling and flips, or if you decide on buy and hold the Rental Property Association (RPA) of WI is great.

Otherwise with no income you are looking into just buying all cash or using a loan called Debt to ratio income to purchase investment properties where you use the rent to cover your mortgage but you will need to put down at least 25% down of the purchase price.

Wait. let me try to paint a picture for you.If you were blindfolded in the middle of a city and randomly picked people BLINDLY, you would have FAR MORE chance of getting a motivated seller compared to targeted lists.WHY?!

ya absolutely. most people just recommend multi family because it allows you to offset your income while living there without having roommates. also they tend to cash flow better so if the plan is to do this year over year making sure the rents cover your DTI when you move out is very important.

A solid understanding of the rules can open up opportunities you didn’t even know existed.House hacking can be a powerful strategy to build wealth while covering your living expenses, and incorporating advanced strategies like 1031 exchanges can help you scale faster.

Hard to tell from the picture but I was just assuming.

If you don't, the next seller (ie the person buying your flip) will have an inspection done and then ask for $ to cover a new septic. 

Since you've already covered three treatments, you could offer a good-faith rent concession (e.g., a one-time reduction) without admitting fault, which might maintain a positive relationship with the tenants while protecting your interests.

The room functioned and it isn't like they couldn't put a trash can in front of it to cover it up. 

The seller will act as lender 2 and give a loan for $40,000 to cover acquisition and closing costs.