My lease states that the water utility bill, while in my name due to city regulations, is their responsibility.

In a rising CAP rate environment (just like in a weakening residential housing market), you can increase cash flows and still see a decrease in value of the asset.I call it out only so people always remember that math works both ways and the mechanics behind small residential and large multifamily aren't really so different - forces outside our control still dominate. 

Network by going to REI events so that you are in the right environment to find your potential partners.Best!

And appreciate the regulation plug, i read it as... if a SFH, and outlined in lease, can have snow removal tenant responsible.

There is nothing wrong with this strategy as long as it done in accordance with SEC regulations and does not affect your returns. 

Right now I work in a dirty, dangerous environment that is hazardous to health, so I want to transition into a new career and I really like the idea of commission based sale, love real estate, and plan on investing in the future I figure becoming a Realtor is the natural choice.

Hey Conor,So Wisconsin does have some regulations about felonies and license. 

I'll be in and out of them in a few months.There will always be deals regardless of the economic environment.

But, That is a something I do not completely understand for all the states (which have their own laws/regulations on it) Also you could do generational trust.....Not sure on all the requirements for all the states on this one either.Good Luck!

I do that by buying buildings under 5 family which are non-regulated in general.