I am not familiar with Wisconsin, but here in NC there is a homeowner tax credit which can be passed to a homeowner buyer if done correctly--instantly creating a big discount for your buyers, a big selling point.The only real "con" in my view is that the administrative process at the beginning is intimidating--but once you've been through it, you'll understand the process and it won't be intimidating if you do a 2nd one. 

People who believe God believe Him enough to do what He says.Pursuing your passion is fulfilling and leads to financial freedom.When you change your NOW story, you instantly change your past story and your future story.Successful people rely heavily on their mentors.

I’ve seen instants where the downspouts weren’t properly installed or over the years have been hit or what not and now are letting all that collected water drain directly on the foundation.

If it was me I would get 6-8% return from REIT mutual funds that you can unload instantly until you find a dream property.

So say you are driving for dollars, you can add a property instantly as you're parked along the road and when you get back home run a report for all properties that have no owners associated with them yet to complete the record and begin marketing to them.

Any lawyer who sees that will instantly jump unfortunately at what I already own, should the case arise that I am being sought out for lawsuit asset search.

With rentals, you make money at least 5 ways:1. instant equity (buying at a discount)2. cash flow3. paydown of principal (paid by tenants)4. appreciation over time5. tax depreciationIt is certainly not necessary to ever sell the property - you can keep collecting that monthly income forever.Good Luck,Mike

Using a realtor or title rep for comps is an okay way to go, but there is nothing better then seeing aproperty in your market and knowing instantly if it is fairly priced.

It doesnt matter.Take the income, reduce vacancy factor, reduce fixed OE costs, plug in a cap. expense average, if you wish, and see where it falls.Condos are a tough investment as HOA dues can instantly skyrocket.

When you buy at a discount, you gain instant equity.