So it all boils down to which makes more financial sense to you and your wife; getting your first home which will be a beautiful liability or make the big step towards passively securing your family's financial future and establishing cash flowing portfolio.

A tenant paying $3 or $4k/month will expect all this stuff to be functional and beautiful all the time. 

This is a "turn-key" investment, meaning the home is in beautiful condition, no immediate repairs/upgrades needed, and it has a solid quality renter in it. 

Beautiful place but like you said there’s a lot of units going up.

There are lots of great markets out there, and the beautiful thing about the larger deals is that you can leverage professionals to help you manage them.

I am new to this beautiful state and I'm looking for other investors to meet with, or just exchange emails and/or phone calls.I am looking for rental properties to invest in.

Let me start by saying thank you for the speedy response.

Good thing you've got beautiful beaches, beautiful women, and beautiful weather to cheer you up over there haha. 

Purchase price: $307,000 Cash invested: $23,000This is a beautiful two bedroom one bathroom south Minneapolis Duplex.

No need to apologize for the lack of knowledge as that is the beauty of why BP is so powerful.