I'm not going for luxury apartments, but class C apartments.

Interest charges are not cost by virtue of being an interest charge. 

LOLI actually created a spreadsheet for myself with 6 varying levels of lifestyles. my bare whatever life is around 40k/year my standard life is around 72kcontent life is 120k>>Happy life (I think) is 360kI also have an extreme luxury life (think private jet charters, multiple mansions, a yacht, steak dinner level eating every meal) at $900k I'm totally going for the extreme luxury life, cause why not

I just bought 17 boxes of heavy luxury vinyl flooring at Home Depot. 

My first luxury home development, my first multi-family..

There is not much new construction of apartment buildings going on around here (the only new construction are in the luxury apartment space - rents of $1500-$2000+/mo) but given the Millennials preference for renting and renting apartments, the constricted supply and increasing demand results in increasing rents.

The Wisconsin market breaks up into a handful of areas: by far the largest is the Milwaukee metro area with a population of 1.6 million people, which in itself has about 20 sub markets and has probably the widest range of real estate prices from ultra low (out of state investor trap) to ultra luxury ($1M+, obviously not a rental market).Madison is many times smaller (270,000 people), the state capital and a college town.

Some luxury or high cost areas the rents don't keep pace with the prices and you will need larger down payment to cash flow.If you have funds in Canadian dollars they are calculated with the conversion of the day.

In my market, if a good deal presents itself, you usually don't have the luxury of time to wait on others' opinions."

The bad news is that luxury houses saw major rent compression and areas without employment diversity and population growth weren't so lucky -- some of those areas are still fighting their way back to pre-2008 levels.-  While buy-and-hold investors were able to weather 2008 in terms of market rents and occupancy, other types of investors got hit by the drop in real estate prices.