With no movement towards finish line for years.

One note on this @Jenny Yu. 

Feel free to keep us updated on your findings here.

 @Dominic Battagliac @Shawn Quigg Stumbling on this thread several years later.

That 4% cap rate on in place financials is a lie.  

Start to evaluate deals based on the income approach and you'll do much better long term investing. 

Also, any advice on managing budgets for PPC in the real estate sector would be really helpful.Thanks in advance for any insights. 

My only reply here is to say to simply focus on the business objectives.

Your financial background is a huge asset, and it’s great that you’re starting locally in Milwaukee while keeping an eye on future expansion.If you’re looking to connect with like-minded investors, the Rental Property Association of Wisconsin is a fantastic resource for networking with rental portfolio owners, accessing legal resources, and finding contractors. https://www.aasew.org/For mentors, funding sources, and flippers, the Milwaukee REIA is another great group to explore. https://www.milwaukeereia.com/I’m a member of both and find unique value in each—maybe we’ll cross paths at a future meeting!

Based on that, you're ok.