As you may (or may not) notice, it still cashflows a few hundred bucks a month.I think I said there could be deferred maintenance on it, but it literally doesn't matter if there is. 

For example (all data YoY)Wisconsin 6.01%West Allis: 1%Wauwatosa: 11.9%Shorewood: 13%City of Milwaukee: 11%West Allis stands out, because it has been the HOTTEST market last year, so looks like it's consolidating this year.The April lunch&learn for the RPA will be about Milwaukee rent growth and increases.

Mortgage rates are driven by the capital market and basically follow the bond market, specifically 10 year US treasury with a premium, historically about 1,7%.Yesterday the 10yT fell to 3.9% and I have seen 5.99% 30y fixed rates with a local bank in here Milwaukee (that is still an inflated 2% premium), so 5.7% would be historically normal based on a 1.7% premium, even without the 10YT going any lower.Here is why.If the 10yT offers lower returns, more investors want to buy mortgage-backed securities instead to get higher returns (about 1.7% higher), as a consequence lowering the returns on those as well.

The water bills are so minuscule (18 bucks a month or so), so that was not a huge deal.

Over the last 5 years, markets like Memphis and Detroit (where I have been investing) have performed on par with "appreciating market" like Seattle and the Bay area.Yes, Milwaukee has seen a steady 7-8% every year since 2015 and we are still priced about 1/3 below the national average.

I see it with our 800 RPA members here in Milwaukee.

It's only a few hundred bucks to join...

The longer you drag this out to save a few more bucks the longer it will be before you can have this occupied and earning you money 

As for Milwaukee, I am expecting demand to outpace supply.2.)

Some "dude" just saw that other grey walls, white shaker cabinets, and a white-washed style LVP sold down the street and so that is the easiest way to make a buck.