The Rental Property Association of Wisconsin has monthly meetups, next one today RPAWI .org

What does the 50% rule show the cash flow. 

I'm not saying its the best are in the country. 

The lower the insurance cost, the less likely a natural disaster is to occur.Low operating costs.

I would also purchase the property and not the LLC unless you are a seasoned investor with a good attorney.

Quote from @Noah Laker: I'm a real estate broker and my client is a high W2 earner, taking advantage of the "STR Loophole"His CPA told him that he can only do cost segregation on properties which are active STR's.My understanding was that, if he obtains REP status through any one of his properties, that he can take advantage of depreciation on any investment property, even if that one is not an STR.

However, the process was extremely cumbersome, communication was inefficient, and the loan fees were inflated compared to other deals I have seen from fellow investors.We will be ready to begin the refinance stage of our next project in the coming days, as renovation is finishing up and we are screening tenants.

Then use those funds for the rehab of the other property.   

Also, there is a lot of vagueness in the interpretation of the law.

Looking for free or cheap paperwork online is not the route to take.