Then I just brought the PM along to manage my apartment complexes and we all learned and grew together.The prescription was purchase in safe areas with low vacancy rates.  

This is a nasty situation and I agree with @Jessica Grewe that your friend may be too close to the situation to do a good job at it, even if she has the skills to manage the rehab.This page discusses tax forfeited properties, but there are some contact numbers there where you may be able to get answers to your questions: http://www.co.goodhue.mn.us/196/Forfeited-Land-Gen...This site answers a bunch of questions about foreclosures in MN: http://www.winthrop.com/news_events/winthrop_news/...If you decide to proceed, I know of a couple of contractors in the Canon Falls and Nestrand area that work in Goodhue County that I could put you in contact with.

I grew up in Evanston and Star Valley always had great sports teams there... neat place..

I grew up in Des Moines but I live in Denver, Co at the moment.  

Grew up in CO Springs though.

Originally born in Allentown, PA, I now invest in the same community I grew up in.

I live in Gaithersburg now but grew up in Hagerstown and wanted to start in the place I'm most familiar.

I grew up in Easthampton, MA.

Having grown up in Germany, I grew up with very structured, left brain thinking. 

Many years used my wholesale money to buy a tri plex FHA, lived in it for the requiste period(wink)  and build from there.I grew up in Newark NJ but eventually lived in Summit and Short Hills, so best wishes to you, keep grinding, it will eventually pay off.I