When emotion and fantasy and ignorance are at the wheel is when you're in for a crazy ride. 

I like to think of it like the BP Money Podcast thinks of it, find the best value but if something is emotionally affecting you, than target that and do what it takes to get that solved and then you don't have to worry about it when you go to sleep. 

Once you have conviction, work on your discipline.

Take the emotions out of it and put together a pros/cons list. 

To help you, we have developed a simple tool for gauging your emotional response to some common aspects of rental ownership.

The individuals I've met along the way that are really good at real estate are analytical, level headed, and disciplined.

If you have someone in MN you trust to manage the place that is one thing, if you don't it kind of answers the question (not that you couldn't find one).Renting out homes which you are emotional attached to can be quite difficult when tenants trash them (which will eventually happen).Best wishes

For a simple reason, we have emotions.

Congrats for having means to do it - that takes discipline and foresight.I can't tell you what to do, but I bought my first 5 properties with cash outright.

Tough to stay disciplined as "Past performance is no guarantee of future results".