@Elijah MillerHope this finishes well for you! 

Clair-Mel: This area offers affordable investment opportunities with high rental demand potential.

Replies are highly thanked. 

I have a home that is an STR in a highly desirable tourist destination.  

Three kitchens, three baths, three electrical wirings, three HVAC installations, all the interior work, and then all the finishes. 

My wife and both make a high income for our area and I feel we could save about $100K per year to keep buying. 

I later learned that it may be possible to split the lot through an SB-9 lot split which may optimize the value creation.I would love to connect with community members who are planning / in the process / or have finished an SB-9 lot split!

Purchase price: $95,000 Cash invested: $60,000 Sale price: $200,000 Bought a great cabin in the mountains that needed a new septic system and brand new finishings.

Let's assume you did put a high down payment, on a refinance lenders will cap you at 80% of the new appraised value, leaving you with little to no money on a cash out refinance.

La Crosse is a great place to start investing with 4 local colleges, 3 major hospitals, and several large companies there is a high demand for rentals.