Milwaukee is a great place to invest but we do have a barrage of out of state investors that don't upkeep their properties.

I think I was fortunate to find a roll outside of real estate to diversify my income across two different sectors of the economy. 

Quote from @Shawn Questa: Hi all,I am curious what some of the Pros would do to Help a Seller in this situation while making a Deal happen.I found a 200+ day old MLS Listing where the Agent said the Seller is in Financial Ruin, hasn't Paid the Mortgage in a year, owes about 180k on an approx. 210k House and multiple Buyers have backed out.I don't know how someone could not Pay their Note in a year and not at least be in Pre-foreclosure. 

I would stay out of really rough areas in expensive cities because those are risky and can be management headaches.

Look for multis with separate entrances in different areas like one door in front for one unit and a door on the side or back for another.

I played Kiyosaki's Cash Flow 101 Game this weekend with 3 new Mentees of mine.This is seriously not just fun, but really good for learning and mindset training.If you haven't played this game - you must. 

The mayor has been hot on out of state investors and poor property managers since his campaign. 

Insurance companies want to fix it the cheapest way possible, and their goal is to minimize out-of-pocket expenses like this one.  

Turned out to be a lesson learned more than anything.  

There are a bunch of ways to do this depending on the property type, usage, and you (income and credit scores).If this is a primary residence, you can get up to 90% of the value of your home minus any exisitng debt.