Investing in Milwaukee, WI

[Account Closed]

I'd like to invest in Milwaukee. I'm attracted to the high cap rates I see in Milwaukee. 

I have some money set aside, and I have a pre-qualification letter from a bank in Madison. However, I'm open to different financing if there's a better way. 

My strategy will be to buy and hold. I'm open to minor rehabs, but living in a different city makes me nervous about rehabs. I'm new to investing outside the city where I live. I'm also fairly new to real estate investing. 

I'd love to connect with a great property manager, real estate agent, and possibly general contractor in Milwaukee, and I'd like some advice on neighborhoods as well.

It would be fantastic to travel to Milwaukee and connect with this team of people in a few weeks (or less) as well as look at properties while I'm there. 

Is it realistic that I could identify a few properties and make an offer in a about a week from that first visit? 

I've read through some similar posts on Milwaukee, too:

https://www.biggerpockets.com/forums/776/topics/56...

https://www.biggerpockets.com/forums/52/topics/517...

Thanks for your time, and I appreciate any advice, suggestions, questions, or comments. 

[Daniel Hyman]

@Account Closed. It's called "Investing in Milwaukee."

I'm happy to connect you with some amazing contacts here in Milwaukee. Agents, PM's, etc. Send me a a private message if you are interested.