Your financial background is a huge asset, and it’s great that you’re starting locally in Milwaukee while keeping an eye on future expansion.If you’re looking to connect with like-minded investors, the Rental Property Association of Wisconsin is a fantastic resource for networking with rental portfolio owners, accessing legal resources, and finding contractors. https://www.aasew.org/For mentors, funding sources, and flippers, the Milwaukee REIA is another great group to explore. https://www.milwaukeereia.com/I’m a member of both and find unique value in each—maybe we’ll cross paths at a future meeting!

You will have two separate K-1s as you are each individual owners.  

Previous owner bought it for $71k in 2022 (OOS LLC), asking $89k, ARV $135-150k.

As real estate investors and property owners, understanding the broader implications of this development will be key to navigating the opportunities it presents.Anduril Industries and Its Expansion PlansAnduril Industries specializes in advanced defense technology, including artificial intelligence, robotics, and autonomous systems.

I almost exclusively work with investors and business owners in buying and selling in Baldwin County. 

We didn't know the siding needed to be replaced because it was just recently replaced by the owner before selling it to us, but probably with bad quality paint/siding. 

Yes, Its a NNN lease & only expense the owner is responsible is for a $20k/annum.

Owners have been turning theirs into LTRs.  

Simply put, many of these distressed properties were put under duress by the former owners financially, not necessarily the location.

Handle this promptly to protect the owner’s interests.