The bedrooms all got rented first month on market and total now is $5500 a month.

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. 

Just a rate does not show what options people can find on the market place.I just locked a loan at 5.99% with 1.15 points and no prepayment penalty for an investor.

I'm overwhelmed by which market(s) to choose. 

With savings rates so high I'd save in a money market mutual fund until I had enough to get rid of PMI on my primary.

In other words, you feed other people for a business benefit.5.

Choosing to invest in real estate will benefit you and your family for generations to come.

The offers I'm getting are off market offers through a broker.

I market them as basically a 'turn key small business'. 

Off-market property, which is likely the case if you were buying from a wholesaler, has no financing or appraisal contingencies most of the time.