so would like to start building our portfolio in a State that has consistent appreciation with room for rents to increase going forward."

The land has slightly increased in value (by like maybe 3-4% over 3 or so years) but the value of the structure I'm pretty sure has gone nowhere. 

And since you are licensed, you can potentially do some sales on the side to increase income and save up for investing.

The shorter the prepayment term has an impact on increasing the rate.4.

I would like Lawrence or areas that are starting to increase in value but not as high currently. 

My motivation is to increase my financial literacy and diversify into real estate.I have rented all my life and seek to become a homeowner/ investor to help my family and make their lives easier.

We have created work instructions for every step of the process so we can maintain consistency in how we evaluate properties, communicate with tenants, market our properties, handle rent increases, manage property turnover, etc.....

Tell him it's time to do a remod and as a business you hope to market the place at a substantial increase.

In the meantime learn and figure out how to increase income/savings.

The home in mn over 20 yrs averaged 2.8% increase per year.