The time has now come that my wife and I are finally ready to pull the trigger on our first property - a residential multi-family in the Milwaukee area.At the same time, I've been experiencing severe burnout and unsustainable amounts of overtime at my day job (60+ hours/wk for months).

Risk Assessment: Consider vacancy rates, potential repairs, and unexpected expenses.Once you're comfortable analyzing a few deals, you’ll be in a great spot to pull the trigger on your first property.If you need help with financing or want advice on what options might work for you, feel free to reach out.

Specifically will this property require a secondary form of egress and if so, can the architect provide this in building permit  plans and does the change of use trigger the need for an NFPA 13R sprinkler system?

I've been interested in real estate since Carlton Sheets but never pulled the trigger. 

@Karl Kauper going to guess your current PMC:1) Is having too many tenant nonpayment issues for your likingAnd/or2) Refusing to share their background checks with you, so you can make your own approval decisions to address #1 above.Several factors may be at play here that you may want to consider before being trigger-happy:1) For several legal and contractual reasons, it's pretty much NOT possible for a PMC to share background checks with an owner. 2) What Class of property do you own?

Don’t give them the address of the property as this might trigger an event that will cause change.

GFC was due to naive/lazy nurses/teachers/cops/fire-fighters and anyone else with a pension, not deploying any Due Diligence and just letting their greedy pension managers get billions in fees to invest in crap MBS and synthetic CDOs, all else by banking and ratings agencies and real estate investors just followed like trigger/hammer/powder/bullet down the pipe.

But, when it comes time to put the deal together and pull the trigger: work with a seasoned real estate attorney with experience in structuring seller carry deals and writing thorough docs that cover your interests, especially with the "what ifs?"

But we live in an imperfect, often overly-litigious world where many people have problems with alcohol and could be triggered or even be at risk of ending their hard-fought sobriety by the unexpected presence of a bottle in their living space.

Follow up and ensure the loop is closed quickly.When you call the city ask what triggered the visit.