I have credit karma, I also pay for an experian account its all helping but it has been fluctuating 50 points or more over the past couple months.  

With the area heavily depending on a growing military base, I see it as lower risk for price fluctuation compared to other markets.

As a beginner in Wisconsin trying to do it right, when doing property analysis, what do you folks typically use (can be a range) as a rate for legal fees for a buy and hold property.This is obviously going to be different with every purchase as the purchase price fluctuates, but is there a hard number to get me in the ballpark?

There is one tenant already in there paying $1400 for 1br/1ba then the other has been used as a short term rental and the statements that the seller has sent me shows an average of $3100 per month, which I know can fluctuate significantly.I think from what everyone has been saying makes a lot of sense and this is a deal I should walk away from and keep my eyes open for something else.I have been looking in LA specifically in the Hawthorne/Lawndale area as well.

CAP rate decompression, like negative fluctuations in the SFR and small MFR markets, is real and can be a *****.

Insurance rates fluctuate depending on the state and I have no idea what's normal for MN.

The balance fluctuates, and the average of all the fluctuations across all of the clients equals a constant from my end.

That said, if you end up with 50 doors over a long period of time, you can expect the average to be very close to this number when said and done.Locations and rent values play a role in the fluctuation of the "average" total costs.

haha@Brian Formulak It's definitely interesting, I've owned them for a while now so there is definitely some fluctuation, but if I went back over the entire time of owning them, all but one turnkey I've purchased have been great and over 10% CoC.

It is higher risk based on real estate fluctuations but generally easier to manage.If you are serious aboit investing in a income property you should be looking to invest in purpose built multi unit properties rather than SFHs.