Ask your parents: There’s not a month that goes by without someone repairing or maintaining somethings a home— even basic lawn/snow care takes valuable time and resources.

@James Hunt Thanks for the tip!

., BP has a great community and resources.

I would be using an FHA loan and obviously don't believe Milwaukee will be at the same fenzied level as Boston but would like to gauge the market as I begin to plan.Happy to connect with local resources to discuss options. 

(Tip:  Ask for a copy of your dental records when you get out. 

The strategies you listed can have a wide range of time input from you depending on how you approach them.The podcasts are a great resource, but dig into the forums if you haven't already.

.% down of the purchase price and the rehab costsCan be used for primary residence with 1-4 units (could also be looked at as a disadvantage)  When using 2-4 unit property, projected income from other units can be used to qualify 6 months' worth of mortgage payments can be rolled into the renovation budget if the house is deemed uninhabitable by the HUD consultantCredit scores can go down to 600s (lender dependent) DTI can go to as high as automated underwriting system allows (typically 56.9%)Allows you to buy a property in any conditionCan use it to fix minor repairs all the way up to basically a full tear-downFHA 203k Disadvantages: Interest rates tend to be about .25-.5 higher than regular FHA loan Additional costs include HUD consultant fee, inspections, title updates, and supplemental origination fee (Cost of doing business, but this is built this into your numbers, so it's no big deal)Must use a licensed General Contractor for a full 203k or up to 3 specialized contractors on the limited 203k Must hold onto the property for 1 year and live in it. 

I would be using an FHA loan and obviously don't believe Milwaukee will be at the same fenzied level as Boston but would like to gauge the market as I begin to plan.Happy to connect with local resources to discuss options. 

If you have any threads, post, articles, or just general tips for beginners please don’t hesitate to share.

That might be a good resource.