Maybe see if  you can partner with someone and take a small share of the profit to get your feet wet

Reason is the property has been maintained, it has a tenant and cash flowing and it's a good way to get your feet wet without starting from square one, and you may walk into a situation where you have equity.

I have family in the Chicagoland area and looking into the Milwaukee area because it seems to be fast growing and I'd like to get my feet wet.

yours is small enough, perfect for you to get your feet wet!  

A couple of things to add to your "to do" list depending how long ago it got wet and how long it stayed wet.

I plan to do it eventually, but not until I get my feet wet. 

I have $20k liquid, a 740 credit score, and I’m ready to get my feet wet.

It is a great starting point to get your feet wet.

I started off with Evernest while getting my feet wet in Jackson.

So I literally power washed the carpets along with a wet or dry vacuum to get the mud out and re-rented the house.