Just a different takeNow this is not to sayPS - those houses that were priced way too high and languish?

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?

If you get in with a locked in company that's in it for the long haul, your success and being taken care of are gonna be pretty high. 

Highly recommend going in person to meet and build your team.If you are looking in Indiana you should connect with @Eudith Vacio. 

interest rates and prices are high and people are contorting themselves into pretzels to try to buy. 

The high demand and pricing make it tough, but if you’re patient and find the right deal, it could be a great way to get your foot in the door with multifamily.That said, I’d also encourage you to keep an open mind about out of state investing down the road.

I highly recommend the book real estate by the numbers.

Have some diversity, C areas with low entry and high cash flow, the majority should be B areas with stable income, appreciation, tenants. 

A few other things I'm considering;- I don't need the extra cash flow to live and am just approaching it to remove the high mortgage interest, but also hedge risk that the current stocks might tank in a few years.- Could take all current cash flow and a few thousand a year to pay off the property in 5-10 years.- Hold for a bit and 1031 into something else but am fairly confident there is not much appreciation to come on this property.

Quote from @Joshua Tucker: What specific tax benefits can high net worth individuals receive from building real estate on tribal land?