Wauwatosa is a thriving community just west of Milwaukee. It is a very desirable community and is centrally located in the metro. Wauwatosa has great schools and is home to the largest mall in the state. Froedtert Hospital and the Medical College of Wisconsin sits on the border of Wauwatosa and rentals in this area are very desirable for many of the 11,000 employees! You will pay a premium for investment properties in Wauwatosa. Cash Flow may be lower in this area but the trade-off is a high demand rental community with steady appreciation.