DIY Choose your market Use an excellent property manager Choose the right property - depends if it is the right location Talk to local investors to get a feel for the market2.) long distancepartner "boots on the ground" Can bring many challenges with it Go on bigger pockets forums a lot to minimize riskTurnkey Buying an investment that is remodeled with tenant in place and property management company in placeBenefits: service ata distance, market insight, professional staff, marketing machine, managementexperience, simplicity.Downside: financial,analytical, ethicalCh. 7 Types of Rental PropertiesSingle-family homesPros: plentiful, strong exit strategy, involves fewer bills, easy to finance, easier to manage, more stable tenants, better appreciation, less expensive to buy, Cons: high cost per unit, slower to scale, limited loans, expensive rehabs, more competition Multifamily Real estatePros: more cash flow possibilities, one loan and multiple units, one insurance policy, math over emotion, business not a hobby, income valuations - based on ROI they give the owners, less competition from homeowners that jack up the priceCons: More expensive, more management intensive, more savvy competition, more complicated, fewer to choose from, government regulationsCondosShort for condominiums Each unit is individually owned by a person HOA feestownhomesLess apartment feel Usually share a wall with the other unit Still have HOAsREOs/Foreclosures - "real estate owned" Usually something distressed about the property - investors need to see past the superficial flaws Banks are numbers-driven, not emotionalFixer-Uppers - a property that needs significant or minor rehab donePros: less competition, forced appreciation, potentially more cash flow, unique financing optionsCons: hidden expenses, stressful, more out of pocket costsQuestions you should ask yourself: How bad is it?

It's more complicated to calculate (can't be done by hand) but it can easily be done with an excel spreadsheet.

Since there will be tax/ capital gain issues, it seems more complicated than I think.

But you can call and find out what they say.Being intestate complicates things.

Get it under contract before the sale, and close it. if you are in MN, it's mostly non judicial so, no court involved.

@Jaysen Medhurst my answer to explain my logic as to why prices can drop that much (I personally think it could go down further, but I’ll play it by ear) is much too complicated for this post, but I’ll try my best to keep it sweet and simple.

It's not really that complicated to buy out of state.

Coming off Cancer has made her want to shed fear and new complications.

I mostly want to avoid complicated deal structures and having to have a CPA oversee everything and manage disbursements and things like that.  

Since civil, it's not the same as judicial and plenty of people have been screwed hard.heres some reading to tide you over till I can respond more in depth...https://ij.org/report/policing...