However, nearing retirement, with our past experience in mind, we decided to try it again, this time just rehabbing one house to flip.So, I set up a self-directed IRA so we could use the retirement money we had left after the recession, and bought a foreclosure house that needed a lot work.

So any unsolicited calls could be subject to fines if they decide to pursue?

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!

Questions they will have is who is the owner, what experience do they have, is their key person insurance against them etc. 

We're trying to decide whether or not to pay it off or save to buy another property. 

The fresh perspective from someone outside of my network is crucial, that way my expectations can be closer to reality if I decide to reach out to new contacts for this opportunity. 

It sat on the market and dropped in price a couple more times at which point we decided to make a new offer.

There are tons of strategies, pick one that excites you and run with it until you have mastered it and then you can decide to pickup another strategy. 

Here’s an example, I just took a trip across the country, and decided to visit some “popular“ OOS investment neighborhoods that are promoted here on BP.

Ask to speak with some of their current owners and current/former tenants.