Keep in mind if your jurisdiction prohibits discrimination based on source of income this works both ways... market rate tenants have the same right to rent your place as those with a voucher.

The one I am used to using provides cost estimates of various rehab products based on specs about the house.

Is that based on an actual study or your personal experience?

Is not only how much you paid,  you need to pay right base on you resources.Find a good realtor that knows the market.good luckLuis Maqueira MMP

I say “currently” because there is a bill passing through the legislature even as we speak to remove that requirement for 3-4 unit properties, so patience might be rewarded.And just make sure the zoning allows 3-families before you make a decision based on that potential.  

My name is Rebecca and my husband and I have own Captain Save a Home LLC and also run Brew City REI Club, Brew City REI Training Cafe and Wisconsin Contractor and Handyman Club based out of Milwaukee, WI for the past decade. 

When I do the 4 square method just basing it on the other 2 rental incomes we have negative cash on cash return and negative Cash on cash ROI. 

Areas that have been good 30 or 50 years ago are still good today.One wildcard though.The city of MKE has initiated a projected called GrowMilwaukee, which is based on the majors vision to increase population (for fiscal reasons, more people per square mile) and they have identified the lack of midrise mixed use districts - they call it the "missing middle".

There are lots of deals to be had at each meeting.There is another one based off of the FB group Metro Detroit Real Estate Investors which meets on the 3rd Thursday of each month at Mcveighs Pub in Troy from about 6-10. 

It's not that difficult to navigate through based on my experiences with my clients, easy to use and setup.