Buy and Hold Properties in Small Western Wisconsin Towns

[Jeff Milas]

I was wondering if anyone had thoughts or experiences with buying and holding rental properties in small towns in western Wisconsin. Properties are relatively inexpensive in some of these rural towns but I worry about what type of rent could be collected in these locations.

Does anyone have any suggestions about this, or what they would recommend? Just trying to get some ideas rolling on what to do next. 

Thanks

[Scott Schultz]

Im not playing in SW WI, but i do in Northern WI, you really need to know your market and numbers, compas are tougher to understand, but I do well im my markets, the majority of my portfolio is either rural, or in towns below 15K people. if you have a good team and a PM that operates at a high level, those markets can be gold, but its not for everyone, its not easy, but generally there is little competition and high demand

@Michael B. population of 70K is quite big in most of WI other than Milwaukee, Green Bay, Madison and Appleton, there are not many cities north of 50K populations.