(Hint - go on VRBO and see what your local competition is charging). 2) How much do you intend to put down?

I am considering getting into this space (looking at some courses), but worried that its too late, and that deep local market knowledge/understanding of buyers/connection with developers etc is required to make this work, which only incumbent/long term investors will have and would be hard for a new entrant starting from scratch to catch-up...is my hypothesis valid in your opinion ?

Investing in Wisconsin and Illinois is a great move—both states offer solid opportunities for multifamily and single-family rentals.If you’re looking to connect with like-minded investors or agents, I’d recommend joining local real estate meetups or REIA groups in the areas you’re targeting.

However, it wouldn’t affect investments made indirectly through a local company in Europe.That said, I believe it would still be possible to invest strategically to mitigate the impact of such regulations.

Serious consequences when dealing with foreclosures, both local and federal. 

I would recommend looking for local FB investor groups, most areas have them!

To get started, connect with a knowledgeable real estate agent and lender, practice analyzing deals, and network through local investor meetups.

It is just like law firms from NYC have a full team vs local independent lawyers have a one-man army or a very small team.

With the massive Taiwanese semiconductor plant under construction in Phoenix, bringing billions in investment and thousands of jobs, how significant do you think the ripple effect will be on the local real estate market?

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.