Or get the property in my hands, do a few more deals, maybe flips to get some more liquid cash, or connect with a private investor or a builder/experienced investor who knows the ins and outs to do the construction on 2 potential luxury single family homes (comps in the area are between 400-700K) or 4 townhomes (comps around 325-450k in the area)), and actually build on the land.

We were wondering what all you experienced investors' opinions are (pros/cons of each for use on rental properties) and if you have any really good banks/credit unions you would recommend for up here in the MN Twin Cities area.  

Go team !!!

May be interested in partnering with the right person or team.

Since I've heard the perils of being a long-distance investor, I want to start by investing locally and building a local supporting team.

Who will be the key part of the team on the ground there? 

Experienced and new...

Thanks Catherine - do you also have a RE agent who you think is very experienced and knows the market there well

Our mentor promised us support, guidance, and a reason to create a team with him.

They are a great source of information for both new and experienced investors.Stephen