Anything you can do to attract and keep better tenants will be worth it and if you rent to a family a second bathroom will be high on their list.We always ad a second bathroom and finish at least part of the basement of ranch homes and based on my last 15 years I can tell you ARV or higher rent is not the primary reason we upgrade properties: better tenants, less turnover, shorter vacancies are worth it

Thank you again, new to the site and this is very helpful. 

I agree with you that twice the amount sounds a little high (unless you are in a high demand/low supply area). 

Can anyone recommend a rent collection agency? 

How are you handling them, and what tips would you share with others considering a similar venture?

I can't recommend his content enough.

Many people online will tell you you can QuickClaim it yourself (which you can), but I always use an attorney. 

Good in the long term so I didn't have to worry about the utility bill but like you mentioned - high upfront costs and time consuming. - Equal Splitting (ratio utility billing) - What I've heard from lawyer friends who practice real estate law is a trending spike in resident issues.

My brokerage syndicates it to all the sites but zumper gets the most hits.

Hey Nate, it makes sense to continue building out your investment portfolio in Milwaukee, but if you're looking in the Midwest, I recommend you make sure you get very familiar with the market you're interested in and build your out-of-state team first such as an agent, property manager, lender, and contractors if you're planning on house flipping.I recommend checking out Long-Distance Real Estate Investing by David Greene, where he takes you through how to properly invest out-of-state.