You can accelerate your goals if you have someone that you trust that you could partner with.Good luck on your real estate journey bro!

Ultimately, it’s about trusting your gut and assessing each situation individually.

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

Also, was there a trust, is it going through probate, are other family members wanting to get their piece of equity? 

If you do want to move forward with this property, one recommendation I would get is to find a local contractor with experience that you trust and have him advice you on the scope of work that may need to be done as well as the cost it would take.

Instead, we provide comprehensive investor services—from onboarding and training through management—working with trusted third-party partners.

Stuff like if want us to do CRP, or if have us send someone to "babysit" and watch a vendor Landlord hired from Craiglist and doesn't trust. yeah, had that happen before.

Trust sells to buyer for cash.

Owner-occupancy shall not be required if the owner is another governmental agency, land trust, or housing organization.”

If I'm not mistaken, you'll need to setup your RRSP with Trust holding company such as Olympia Trust or Canadian Western Trust, etc.