Usually a buyers agent expects to split the commission which is typically 6% so in my opinion he should only be asking for a 3% commission.

Housing prices in Beloit are definitely cheaper than Janesville, and Janesville is (for obvious reasons) significantly cheaper to invest in than Madison.Can't be of help to the property management part though... we've looked and looked but haven't found a company we are comfortable with... your best bet there would be to join up with the Southern Wisconsin Landlords Association and network for a quick recommendation. 

I'm in the Reno Tahoe, Nevada area and open to network, share market information, and discuss multifamily investing.

Once you identify this, it will be easier to decide what investment you should buy. 

Investment Info:Single-family residence buy & hold investment.

I live in Chicago and invest in multifamily on the east coast and in the midwest.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Investment Info:Large multi-family (5+ units) buy & hold investment.

However, if this total income number is negative it will count against you like any other liability would (think car loan or other mortgages with no rental income or credit card min monthly payments/etc) against your DTI.DTI is typically maxed out around 45-50%, so half of your monthly figure so if you make 10,000 gross per month your max liability at @50% DTI is 5000 a month max payment.

That said, should we put our real estate investment in my name or hers?