I'm weighted towards RE but I have been buying in the public markets recently (stocks, index funds, bonds, REITs, Master Limited Partnerships, Business Development Companies).

Milwaukee is a great place to invest but we do have a barrage of out of state investors that don't upkeep their properties.

Not so much ;)So now investors are feeling the weight of dog properties…be it higher interest rates, non paying tenants, property values falling, government intervention (especially in CA), etc.

It's like only using weight to measure fitness.

And personally I put way more weight on buying the right location as a buy and hold investor than saving some dollars on the front end. 

We see so many prospects who have been told by Youtube or mastermind gurus that multiple LLCs in three different states is beneficial when in reality the costs of upkeep hit the bottom line harder than any benefit.

To add more weight to your case, dig deeper into local records.

So, in your example it might be at 9% interest rate which would make the weighted average HIGHER than taking out a mortgage at today's interest rates because the 2nd mortgage would be 3x as much as the 1st mortgage. 2.

Her health is OK, but it's going to drop quickly if we don't find a way to get her active and lose some weight. 

Does not include upkeep which is minimal after year 3.