3)In my spare time, I love to play basketball, hike, and hang out with my family and friends Looking forward to grow and collaborate with everyone!

I don't like tenants that refuse to communicate or that play games.

But its a long play, it doesn't happen over night. 

What if all the comps need work themselves This is where experience and knowledge of the industry comes into play.

Also, I'm not sure I have THAT much money to play with, where I could buy a foreclosure and rehab it significantly.

Some more conservative banks might be higher on down payment but will give very low rates yes dscr, dti, credit score, personal and business income/balance sheet all play a role.

Eventually I want to break off on my own and have my own book and I think that's why I am nervous of the leverage play in real estate.

Could be a good play depending on the location in Wisconsin. 

Things not even related to the house itself can come into play - how is the neighborhood, do you know what your taxes and insurance are going to be, will it need flood insurance, how is the foundation, the roof, the AC, the plumbing, the electrical - things you can't always tell from pictures.As a general rule for myself, if I can't make $50,000 on a flip property, it's not for me... and usually I'm actually looking for closer to $100,000 (net) after reno.to be happy and know that if my rehab runs high, or my sales price runs a little low I will still be ok.  

Multifamily Millions by David Lindahl is the Multifamily Bible I follow religiously as I have repositioned my value play Apartment Complexes to Financial Freedom.