( im in Wisconsin ) Hi Sabian,I'm located in Wisconsin as well.

Also make sure to build on a property located in a desirable location with larger pop density and if holding for rentals, charge median rent for that market as lenders want to see a bigger pool of buyers/renters available to occupy/sell. 

Depending on where exactly the property is located they may have some different rules/laws in place.

I currently work for a property management company also located in the Midwest so please reach out if you have any questions!

This home was located in a zip code that is notorious for its ultra-modern design (though those homes are still sitting for sale).

Quote from @Jacob Dalton: I purchased a single family home good quality location in Chicago’s Northwest Suburbs in Cook County as a personal residence.

-----------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Need a home, it needed work, price and location where pretty great.

What location?

Timing and location critical Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?