[more_corn]

Remember when there was a drastic exodus of renters from SF about a year ago? Multi unit apartment buildings were selling for remarkably affordable prices. A friend of mine was looking at a property that fit in the mentioned cost profile. There was a brick wall that either concealed a good foundation or a colossal problem so he passed. If he’d persisted and drilled a hole it could have been a winner. That part of the story was repeatable in the last year. It’s not unreasonable to find a buildable lot for $40k within two hours drive of SF (I’ve looked) that part is repeatable. I found a house in Sonoma county for $450k. Needed work, that part is repeatable. I imagine you could find property to rehab and rent in Wisconsin if you tried. Maybe what you mean is “this sounds like more effort than I’d be willing to put in”