The house sat on the market for 124 days at $190k, then he gets ahold of it and tried to pitch it as a wholesale for $198k.  

After I finished listening to three days of their sales pitches, I started researching more information about the business.

Note that there are way to minimize this; if you are curious I'm happy to lay out tips, maybe in another post.2.

Any idea what is should expect to pay for a 990sq ft house with a steep pitched roof in Milwaukee?

Understands real estate well and runs his own practice so he knows what it's like to be a business owner trying to minimize taxes fully.

Just checked the mail and there they were: rent checks ON TIME from previously "bad" tenants. My friend @Mindy Jensen had a post recently concerning what was a favorite lease clause landlords have. My response was the...

My cash flow is minimal but I am living for free. 

Adam, one piece of advice would be to leave your check book and credit cards at home.Every free seminar I've even been to has been an upsell to a seminar that does cost money, and/or a book/tape course and/or (the trend seems to be toward) a coaching program that has either a big up-front cost or a monthly ongoing fee.If you would like to go study how a salesman pitches a room of people however, it will probably be a great case study in sales techniques, especially the last 15-30 minutes where they really ratchet up the sales techniques.You'll get to see all the techniques like getting the audience to agree with simple statements to build rapport, presenting the "total cost" and then "slashing" it for a "today only discount", the old classic "limited time only, while supplies last" and its variant "for the first ___ people at the back of the room", etc.I've gotten good value out of seminars over the years.

So my question is to you, what do you think is more beneficial: taking out a mortgage on a multifamily property with minimal rehab needed and a 30 year payment plan OR saving money for a foreclosure and buying all at once, fixing it up and renting it out with more monthly cash flow (though I still would need a place to live). 

In Florida we have the beauty of being able to assign contracts, so the up front capital is minimal.