Free attorneys from tenant-support groups are very effective in finding ways to block and delay.PS: for anyone interested in supporting our landlord legislative efforts please join the Rental Property Association of Wisconsin RPAWI.org which is a Milwaukee-based non-profit.Cashflow in Milwaukee is still possible at current interest rates, but you have to be careful to not "buy cashflow" with a huge capex liability that comes with old buildings! 

Tenant Management: What have you learned about managing tenants effectively while sharing the same property?

Conceptually think of house hacking in the NYC metro as a reduction in rent.It all boils down to the numbers, but if the direct property costs (mortgage + insurance + tax + capex/repairs + vacancy) - the income (rental income) is less than your rent, you are effectively saving yourself money, aka "rent saving"I did this in 2014 in Westchester county (different location, different time, different market), but effectively cut my rent in half.Regarding Basit's suggestion, I would follow this ONLY if your cashflow from the other market is greater than the "rent saving" in NYC on a per dollar invested basis.Joe

As a Spark investor, you are effectively paying double fees (Rise48's and Spark's) and then the cash flow coming from Rise48 is stripping 30% off for their carry, and of the remaining, Spark is stripping another 20% for their carry.  

It is also a rather large county that could take some time to get across so the location you want to target could effect what type of property manager you will want. 

Looking for effective operator due diligence / risk mitigation methods

Additionally, attending local real estate investor associations can be fruitful, as wholesalers often attend these events to connect with potential buyers.Another method is to keep an eye out for bandit signs in your local area that advertise messages like "we buy houses" or "cash for homes."

Finding new tenants during the colder months can be challenging, and we aim to avoid any prolonged vacancy periods.Enhanced Flexibility for Tenant Management: Another factor influencing our decision is the greater flexibility it offers our property manager, ****, to effectively manage and find tenants during the summer months.

Has anyone found a more cost-effective alternative that can match CoStar?

@Nick RichardsI agree with most of what you had to said and gas prices will effect my budget.