Is Milwaukee a good place for this kind of strategy?

This is an idea and a strategy that I have used in other states. 

Again, this is a very common 1031 strategy. 

Hello BP,I am a new real estate investor and I recently opened up my LLC for real estate as I am getting a rental property in the next month and plan on continuing to build my portfolio with the BRRRR strategy. 

It can be really smart to get a good accountant that likes tax strategy and look at all investments in your life. 

House hacking is a great starting strategy.

Cash-for-keys would be an early default strategy, right?

Gaining long-term equity and having renters cover most of your mortgage is a great investment strategy, especially if your local real estate market suggests that selling may not yield the desired returns at this time.Regarding your plans to purchase a home in Ohio with a lower monthly mortgage, I would suggest exploring the local real estate market and looking for a property that suits your needs while keeping costs manageable.

Even with a dozen of each appliance it probably comes up once maybe twice a year?

Additionally, explore alternative financing options or strategies that may better align with your long-term investment strategy.If you decide to pursue a hard money loan, research local hard money lenders in Virginia, and consider reaching out to multiple lenders to compare terms and rates.