The 'shovel-ready' value add will be a compelling feature but could cost a lot.

I do not have much knowledge on real estate but I am the hitting  books: BRRRR by David Greene, Estimating Rehab cost by J.Scott, Investing real estate with no/low money down by Brandon Turner and finally, Rental property investing by Brandon Turner.Outside of real estate, I enjoy swimming, bike riding, watching anime, playing video games and interests in the stock/house market.Excited to learn and connect with you all!

If you have any questions or need assistance, please feel free to contact me.

Not aware of how construction cost are looking in Milwaukee, but I'd talk to a couple of contractors/developers in the area.

RETipster (free) and Apke Bros (free).

It's a win win for everyone.I don't do property managment, we do free tenant placement for all our investor clients that purchase a house with us.Also you can put it on Facebook Market place for more exposure and then redirect them to the zillow link for more information and application process.I hope that helps.Best Regards,Lily Rodriguez - Investor friendly Broker

Cost segregation is a popular tax deferral strategy and there is often confusion as to the difference between bonus depreciation and reclassification.Bonus DepreciationBonus depreciation is a tax incentive that allows a business to immediately deduct a large percentage of the purchase price of eligible assets, such as washers and dryers, rather than write them off over the "useful life" of that asset.

Many lenders have different requirements but typically if you have a downpayment of 25-30%, closing costs, and 6 months of reserves (6 months of mortgage payments), you'll be qualified.

recessed/sheetrock is a low cost, no brainer improvement that sells.

I'll sound like a broken record, but STRs definitely hold a lot of hidden costs and regulations.