We currently live in Plant City close to I4.

@Brian Pleshek your biggest issue will be getting a new tenant in the new unit.

I know to check pipes (on city water so water should be flowing), but any key points I may overlook?

The Apartment Association of SE Wisconsin http://www.meetup.com/Milwaukee-Apartment-Associat...I also like the facebook groups Wisconsin Landlords Unite. https://www.facebook.com/groups/1453492581536529/ Also, Brew City Real Estate Investment Meetup has many members who are landlordshttp://www.meetup.com/Brew-City-Real-Estate-Invest...

I am in Kansas City area.

There's extra capital needed to remodel the 3-5th floors, but I don't know what kind of options there are for funding that.The area is on the border between downtown and a less friendly neighborhood, but the city just got a big government agency to move in about a year or two ago.

I don't personally do this becasue I have the biggest list in my city but I have seen a lot of people doing it.

I'm assuming, along with finding good deals, contractors are the next biggest burden.

The city of South Bend, population 101,190, is the economic and cultural hub of a multi-county, bi-state greater region, population 858,055 (seven counties), with a labor force of 415,426.

I know from my holdings in other cities, that most property managers are terrible.