In other words, you can find potential BRRRR deals, but you'll want to make sure you have the right game plan in place before you pull the trigger.  

Remax 2000 - Ask for Irene...She is great and on top of the game.

I'm game...A snip-it from a post I did on this thread about investing in Wisconsin: Milwaukee is sitting on some of the most affordable housing in the country, is adjacent to one of the largest freshwater lakes in the world, has entertainment & food that rivals every major metro, it's sports teams bat way above average for a small market which attracts hundreds of thousands if not millions of people here annually, economic development has been happening at a level unprecedented since the '50s (we are breaking ground on the world's largest mass timber building in June), has a tech ecosystem on the ground floor of attracting major talents with partners from the fortune 500 companies in town... 

It's a part of the game you just have to accept if you decide to play. 

Then if you're in the same town start playing the CashFlow game.

@Joey Walker, I'm happy to chat over coffee if you're game. 

Property is in a rural area, so not many investors in the game there, but also agreed on it being strange to still be on the market.Good point - I think those initial repairs would have to go into the initial investment, not budgeted for capex. 

Those elevator pitch games are fun! 

If your are truly passionate, you will rise to a level where you will be making good deals, big deals, life changing deals, put the mature card in the game and trust your hard enough of a worker or smart enough to know one day another good deal will appear that only you will see.

If you have a 2 bedroom and you typically get $600-700/month depending on your market, and you can get $400/each bedroom, you are already ahead of the game and could have a non-stop influx of tenancy.