In retrospect pole dancing is NOW considered a 'sport' & may soon be an Olympic contender. 

Milwaukee has more than it's share of dining and recreation such as Sports bars, local breweries and many large corporations like Foxconn and Amazon also have large plants here.

It's like gambling your paid off house away on a penny stock and losing it all.

REI isn't gambling if done correctly. 

It could appreciate but I consider that gambling.

The bad news is that finding something STR eligible is not automatic and in many cases you'd have to apply for a permit after you bought, adding a layer of risk, however, you can call ahead of time and understand if permits are available and the property qualifies, so it's not a big gamble.   

The area is always expanding the business district as well as downtown, from Access to low cost regional talent, competitive real estate cost, strong work ethics and excellent facilities for sports, shopping, leisure and healthcare.

If you do equity only your basically gambling to some degree.Buying negative cash flow assets is better then not buying anything at all however.

There's also the issue of risk - someone with only 30% at stake, may gamble a LOT more than you would gamble with your 70%.Also, strategize and think through worse-case scenarios for fraud.

I like a good beverage with sports.