I would want them to know what's going on and to LISTEN to what their frame of mind is.

---The way my mind is thinking, this should be eliminated by paying off the mortgage with the WLI cash value policy loan.

I’m still new to real estate, so my knowledge might not be perfect—please be mindful!

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!

Also, keep in mind that if you do form an LLC, you'll want to keep these under your EIN, not your SSN.Bank AccountCredit CardTitleLoanBookkeeping Ledger

If you don't mind, I would like to send you a message about who your current PM is, who you are switching to, and how you are navigating this situation?

Being an open mind always opened new opportunities for me even if it is a ridiculous idea!

I ended up taking a different path.Also keep in mind some brokerages will require you to pick one or the other.  

You can look into low-income neighborhoods usually the properties are of lower value, but I'm not quite sure if that applies everywhere but I know in Florida I see it here and there, and if you need help looking I don't mind helping.i would be wary about REO/HUD owned properties as a first time househack.

Keeping this in mind can definitely help!