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Updated over 3 years ago,
Saint Louis Park MN Rental Property
Good evening,
I am brand new to real estate investing and am looking to buy a single family home in Saint Louis Park to hold onto and rent out. I am looking at this area for a few reasons. My sister lives in Minneapolis (Uptown) and is moving to the suburbs to escape the rise in crime. I have read that this happening quite a bit. Additionally, I have spent time in Saint Louis Park and like the area, and it looks like single family homes can produce some good passive income. I have read that laws are changing for renters in Minneapolis, but it doesn't look like this is happening in Saint Louis Park.
Curious about anyone's experience with rental properties in this area.
Thank you