If Newburgh sees valuation like Beacon did there still could be opportunity, however like I mentioned the people betting on this already did it years ago. 

I used them for my mobile homes.

But, I would not bet on a boom in rents or prices until 2026 at least. 

For hardwood, that will take much longer and I'd bet they'd walk on it or move heavy furniture before the top coat is cured and damage it.

-Carrot sites control nearly 46% of the Top 10 organic search positions for three key motivated seller phrases across 300+ of the largest markets in the country-Carrot sites are 15% faster on mobile than the non-Carrot sites in these same markets.

@Luke Davis If you can qualify for a conventional loan that is probably going to be your best bet.

The best bet is to take this commercial. 

Housing prices in Beloit are definitely cheaper than Janesville, and Janesville is (for obvious reasons) significantly cheaper to invest in than Madison.Can't be of help to the property management part though... we've looked and looked but haven't found a company we are comfortable with... your best bet there would be to join up with the Southern Wisconsin Landlords Association and network for a quick recommendation. 

Such as storage, RV park, Mobile Home Park, etc. 

The best bet is to find an insurance BROKER (keyword) and have them search around for the best rate to see if they can beat any of the three I named.