There will be a variety of investors, wholesalers, lenders.. anyone and everyone related to real estate.

Tax benefits - talking to your CPA will reveal that not only can you use expenses, depreciation and interest payments to reduce your taxable income from real estate but you can also you the same to shelter income from your W2.

The process really will stretch you and reveal weaknesses in yourself and your partners.

Thus minimizing risk.There are a variety of threads on this platform of others that have experience investing in this CRE niche.

My own rental properties are mostly around the mid price point with a good balance of cash flow and appreciation potential, but I am gradually moving north and into lower property taxed areas with slightly lower cash flow but better appreciation potential.I hope this post helps to look at the Greater Milwaukee Area a little more differentiated and puts things in perspective, as there is a true variety of great investment choices available in and arround Milwaukee.

I'm not aware of much growth in "Assembly lines".The healthcare servicing has developed a large presence.Wright State, UD, Wright Patterson AFB, and Lexus-Nexus are still large employers.I'm seeing a lot of small manufacturers and other businesses hiring employees.In short, Dayton lost a couple large employers (GM, NCR), but is coming back with a lot of smaller employers, and a larger variety of industries.

Typically if you are buying a Short Sale or REO, the Seller will not accept a contract that involves an assignment.2) You don't want to  reveal to the C Buyer the amount of profit you are making.

Here are my thoughts and questions on this:1) It would seem doing something in the grey or beige safe spectrum of colors would be wise, I did "Teepee Brown" on the last house, and would like try a light gray / greige color2) Grey seems like it might clash with the red brick, this brings me to 3)3) I am wondering whether or not to paint / cover the brick features shown in a white / stucco material - this will add a small amount of cost4) Note there is 3/4" Oak Floor underneath the carpet, which will reveal and fix up towards the end5) At first I considered trying to demolish the brick planter, but after more consideration it will be cheaper and easier to "roll with" the feature...

While I don't know your target numbers, there are a variety of neighborhoods that will fit your budget and provide steady cashflow.

I'm nearly positive that a really deep dive into the code would reveal at least a dozen 'safety' code issues besides this one, and all of them are reasonable to expect in an older home.