Minneapolis Market: Hot or Not for Buy to Rent?

[Lorenzo Bernasconi]

Hi,

I'm completely new to the real estate investing. I live in Brooklyn, NY where I don't see how it is possible to make money on a buy-to-rent strategy.  Prices are simply too high.  However, I have been exploring Minneapolis where property prices are much lower and yet there appears to be healthy demand for rentals as reflected in pretty good cap rates and low vacancy rates. 

What are (more experienced) people's experience of the market?  Would you say that it is a good place to look to buy something in the next 3 -6 months?  Is there anything that I'm overlooking in my brief analysis above?

Thank you,

Lorenzo