I had a chance to look at the house before it even became foreclosed - extensive updating is needed, and there's a problem with septic, disclosed by the owners at the time.Of course, the problem with sitting and waiting for 2nd reduction is that it might get much more attractive to everyone else, including investors.

Any thoughts, names and contact info. of property management that you feel like are doing it well and adding value would be much appreciated for me to learn from as I gain insight - thanks for any help, much appreciated.Shane

I again stepped in and got it done for less than 100 bucks.Example 3: just a couple days ago tenants said water came into the basement, PM said it's a blocked drain.

I'm thinking about upgrading the 0.5 bath to a full, and adding about 500 sq ft extension to the back of the house.

@Bob Floss II I agree, one of the intermediate-term tailwinds of SE WI is the migration of some IL residents to lower tax areas, NW Indiana has also added residents from this trend.  

I am looking into adding properties into my portfolio but would prefer them to be within my LLC.

For example, is it smarter to buy a higher priced condo on the beach, or a lower price condo a few blocks away from the beach?

I found a cute 2 bed 1 bath rambler for $92k and I’m the same area I found a company that specializes in real estate investing using all of the important keywords to make sure their ad appears.

I’m guessing you needed more time, hence the reason for the rate kick extension fee.

Im from the city and the neighborhoods change dramatically based on the block so just something to keep in mind.Talking with a RA is a great start in getting more concrete numbers on comps.