Then as people move out do the exact same thing to those units.You can get in with an FHA loan at 3.5% or a first time home buyer program. 

Can you give me some info on this program?   

It scares me thinking about trying the Airbnb route but this area has two distinct tourist seasons in the summer and winter so it might be worth it for at least some of the units.

In Minneapolis, are there programs in place from non profits and the government to aid first time home buyers with costs?

Also Ms.Erickson somehow you applied online to us for more information about our loan programs.

Any feed back is welcome 

But the programs you mentioned are designed for what you are after.

There are programs for first time homebuyers.

Take advantage of the lower downpayment programs early on and once you are tapped out of conventional loans, I would consider alternative financing. 

Investment product marketers who claim to be GPs, GPs who claim “ownership”, insurance salesman who claim to be “financial advisors”, people who attended an executive training program claiming to have an MBA, what ever happened to honesty?