The hilly terrain is a main reason for this and you can't really see that on a map so knowing the areas is key.We have old housing stock as well so big things like plumbing and electrical can vary cost wise if they have or haven't been updated.

I'd love an update as well. 

My first deal would be all cash, and if all goes well, maybe a year or two later another deal with some financing.

I funded this with US cash, as well as a loan with a Canadian bank.I have shared this process with many friends and other real estate buddies that commended my journey.

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

The sellers says it's just college boys and that's to be expected.He's currently getting good rents...as unbelievable as it may seem and if cleaned/fixed up it could make more as well as increase the value of the property.We own several coworking/coliving properties in the US and Mexico, so we are used to hospitality and properties out of state.However, my questions are;Is this a norm for college students, or student housing? 

Quote from @Karen Smith: Quote from @Jay Hinrichs: well have been a PML HML since the late 80s. benefits are:1.

With Google, Yelp, Facebook reviews as well as what is on their site and what type of content they are posting on their social media pages....

I live and invest in Milwaukee since 2007, so probably a little bias here, but we are set up very well for future growth. 

Nearly fourteen years later I would say it was well worth it.