But presuming you are talking about doing the above, this is a high risk strategy.

Despite the fact that the market has dropped significantly both in rent and price, I still think the market should be considered high risk/high reward.

Many of these lenders allowing 2nds behind them are more expensive capital (10's - 13's in our current market [high rates - but now showing signs of coming down]).

@Chris Shon Hiring a real estate-focused tax accountant can be highly beneficial, especially if you’re new to navigating the complexities of real estate investments and LLC filings.

🚫 “This seems priced too high.

Hey Christopher,Regarding utilities, if they are not on separate meters, I highly encourage implementing RUBS for w/s/t.

It takes more effort and there's more risk involved (therefor more reward), but it just depends on your goals and how you want to get there.As far as focusing on areas with high demand for travel nurses, that's just 1 tenant-type of many in a changing landscape.

I'd highly suggest getting to some local meetup groups in MKE:  https://www.biggerpockets.com/forums/521-real-estate-events-...When you say you are considering alternative financing options, what does that mean?

I would suggest the same thing to my own daughter.Heck, I have found out many of my members at MREI paid 40-50k to one of the high end "gurus". 

If one has high living expenses, cash flow doesn't mean much and I definitely understand going for appreciation first.