Son moving to Twin Cities and looking to House Hack.

[Andrew Hargreave]

Quick introduction: My wife and I just started our REI journey purchasing our first SFM on the South side of Chicago in Dec..so we're very new to this. I've been on BP for about 8 months learning from everyone.

My 23yr old son is graduating from Iowa State in a few months and his church is planting a new church for college kids in Minneapolis this summer and he's going to be helping out with the music program for the startup (unpaid unfortunately).  He has a former roommate who currently lives in the Twin Cities and he's heard me discuss ideas like purchasing either a SFM with 3 to 4 bedrooms and renting rooms out or a duplex and live in one side and rent the other.

My son doesn't have an offered job at this point but there are many likely positions that he could get..and for the last year he's been one of the maintenance guys for a large apartment business that has 3 large apartment complexes around ISU, so he thinks he could at least get a job as a maintenance person somewhere to make ends meet until he lands the full time job.  (his degree is Aerospace Engineering) 

Since he'll need to go the FHA route for his loan to get a low down payment, we're looking for some remote leads on investor friendly lenders and local real estate agents that can help us locate an ideal property for him. He does have 2 confirmed roommates who want live there. He needs to be fairly close to Univ of Minneapolis (say 20 minutes?) since the church group will be meeting on the Univ campus.

We'd like to setup some leads and meetings that we could come visit over the weekends to get started.   I've been scouring Trulia but not sure of the areas that are decent but not overpriced.

He's able to do some of the work like painting and general maintenance but not looking for something that needs extensive work.

Thanks in advance for any leads!