Minneapolis Multifamily Market?

[Nathan Christensen]

Hi everyone, I wanted to ask the forums if anyone has any thoughts about househacking in the Minneapolis area? My longtime girlfriend and I are looking to buy a small multifamily in the area for somewhere around 200k. I am currently a loan officer and she is a leasing agent and our salaries combined come out to be right around 100k/year. I grew up on a farm and have done some construction myself and I am hoping to find a place that's a bit run down where I can come in and change the flooring, cabinets, paint, landscape, ect. and get myself some sweat equity. It seems most of the multifamilies in my price range are in St. Paul or North Minneapolis. I was wondering what those neighborhoods are like as I am planning to move to Minneapolis soon but am not overly familiar with the city. If anyone has any helpful tips or advice I greatly appreciate it, thanks in advance!