Not sure if the furnished or vacation rental model will work well in the SE but it's something to think about.

Just as Rich Dad is not “per se” is not a R.E. book but a frame of mind book I like “The Magic of Thinking Big” by David SchwartzFavorite Business book?

SE Michigan3.

I keep 5 se[erate buckets and never put all in one thing.

But here in the SE we usually start clean up in the early spring.

You can't compare a property in CA, with very high appreciation (and initial cost), to a property in SE Michigan. 

I'm not against this concept per se, just trying to understand.  

At the end of 2011 I bought a property in SE PDX with a 700 sq. ft. two bed, one bath house and a smaller one bed, one bath detached ADU on it.

I could learn how to manage contractors, budgeting, scheduling, etc. and also (possibly if it makes sense) to renovate homes with the intent of making them "green" in some shape or form, or, healthier homes per se. - I apologize for the long story!

@Bryce Allen to confirm your thoughts on the Milwaukee market, any deals my clients have bought in 2018 in SE WI, that was 6 units or larger, have been off market deals.Current landlords are being marketed to by other landlords so heavily, the sellers have multiple buyers lined up if they ever decide to sell.It's competitive out there.