2 guys processing a deer in my yard.

:)I put in fenced back yard just to keep families typically longer then 4 years.

My understanding is that the Rear Setback = 50ft or 28% (35 ft) // Rear Yard Min = 225 sq (25' x 9 ').

The BRRRR model is definitely a good one to follow, it's just becoming increasingly hard to find good deals.Is there any specific reason you like Dubuque, instead of just investing in your back yard (fox lake)?

Its a 3bd/2bath 2000sqft home with a nice yard, corner lot, hardwood floors, and lots of natural light.

Also, another question is that I have a lease condition that say "Tenant is responsible for lawn/yard maintenance and snow removal" and I reduced rent in return.

In my opinion, the backyard should have the same "curb appeal" as your front yard. 

Think about 1- the out-of-pocket expenses (almost everyone gets this wrong)...and include all costs very conservatively...this includes things like the down payment, the inspection, appraisal, prepaids, points, closing costs, etc (find a good closing cost estimator or contact a local title agent to get buyer costs in your area)...and the extension of that is the condition of the property and needed repairs...if repairs are needed, that cash is coming out of your pocket....and you are paying property taxes, utility bills, to keep the yard up, etc...holding costs can grow very quickly if you run into renovation delays. 2- the relationship between the income the property produces and the purchase price. 3- realistic operating expenses...we've been able to run almost everything we manage at 20-30% of income...this isn't easy...most properties operate at 40-50% of income. 4- your goals...since you are a smart investor, you are not basing your decisions on cash flow, you are looking at long-term value, appreciation, debt-paydown, and most important, equity.That said, if you are buying a $60k property with no repairs, occupied at $800/mo. and operating at 40% of income, your ROI is through the roof on paper...but finding your true ROI is a more difficult task.What numbers are you using to analyze this one? 

And there’s feces all over the yard.

Glassed in back porch with a large yard.