I'm an active broker in the Minneapolis area, happy to chat about the local market if you'd like.

I would recommend attending a local meetup or 2 to get a good understanding what other folks in the area are doing. 

Currently about to remodel one side of our duplex from a 2 bed/2 bath to a 3 bed/2 bath with upgraded mini split ductless HVAC system.We've been doing real estate investing for over 10 years and I'm close to finishing developing a land lording class for local landlords to learn from my mistakes of 10 years and similar to the BP mentality ensure landlords are raising the bar to push the less than reputable landlords out as we feel our tenants deserve better! 

@Rehaan Khan An appropriately priced property in the suburbs does not sit on the market, especially if it is attractive to a homeowner (not just an investor).

To start, these are the fundamental underwriting inputs the GP/Syndicator will be making when arriving at their offer price:Management Fees: This will be very similar to any other bidder who relies on 3rd party management (and generally more expensive than a local operator who benefits from the efficiency of managing an existing local portfolio).

Use very localized market locations to raise your ship.  

All the locals complain that everyone is moving here from CA and driving up property values. 

Would love to network with and learn from any local professionals that can provide any guidance & assistance.

Got this sweet spreadsheet from Coach Carson and plugged some numbers in for this local duplex that just came up for sale.

Send me a message and I can connect you with someone local that can get you connected.Ken