Replacing water heater is cheap but if you owned condo in upper stair and water heater is leaking, your damage cost can be substantial because it may flood all the way down the unit on the first floor.

The tenant pool is pretty decent in most areas for nice rentals as rates have pushed up smaller buys too high for first-time buyers in some of the towns.

Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

PML are giving very high interest rates of 10% plus.

If you haven't purchased the course yet, definitely PM one of my friends has a company that offers the course at the best rates and with great instructors. 

Employing this approach, the fund I previously worked for achieved a 4.93 rating.

This places you in the third tax bracket, with a 22% rate.

Currently in DFW (assuming, because MKE may be similar in this regard), I would find it a surprise if you cover your cost of living completely (i.e. living for $0, or getting paid while in the unit) at this time of relatively higher (read: historically AVG) interest rates compared to 2-10 years ago.  

Great time to for multifamilies rents are high rates are dropping and values will continue to climb for 2024!

Our strategy is to improve the property and raise rents above the HUD rate.