If you stay in Northern Minnesota you could look to locate closer to Duluth which has a large supply of duplexes at prices much below $500K.

Where is it located?

It's a range and depends on the property type, location, end condition and rental strategy. 

Courtesy of the video, criteria to consider include Deal Type, Management Plan, Business Plan, Financing, Asset Class, Ownership Structure, Property Class, Location, Purchase Price, Rehab Costs, Risk Target, and ROE Targets.

They may offer less direct management and, depending on the location, could provide a solid return.Peer-to-Peer Lending or Crowdfunding: You could look into real estate crowdfunding platforms that let you invest in real estate projects without owning property.

If anybody is looking for a commercial broker in the Houston area, I'm located in The Woodlands - www.TheCommercialProfessionals.com.

Quote from @Kornelius Friske: We have a STR located in peoria AZ. it's 6 beds (garage conversion) and about 3900 sq ft in total. our energy bill last month was $450 and has been hovering in the $350-$450 range since we went live in august.

I am located in the Dallas-Fort Worth metroplex and looking to acquire multi-family properties.

Is it ok I move these to a storage location?

I am open to it- but unfortunately, I am not looking to move until another 2-3 years- my partner and I rent an apartment on IOP and we love the location and the cost is actually incredibly low which is great.