I see cash flow as the key to long term wealth.

@Michael Borger hit it right on the head.Check out the Start Here page http://www.biggerpockets.com/starthere Check out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice.

Consistency is key.

I think the real key is to be consistent in what you are doing and keep refining your letters/postcards, scripts, email campaigns and other marketing material. 

Fill in the foundation below.Check out the Start Here page http://www.biggerpockets.com/starthere Check out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice.

.$264 can equate to a bunch of downpayments on properties depending on the area you choose, which it sounds like MN is the state you're choosing to invest in.I know there's a few turn key guys out there to try as an option!

Fill in the foundation below.Check out the Start Here page http://www.biggerpockets.com/starthere Check out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice.

One of the key reasons I and others invest in real property is because of how easy it is to obtain a loan on the equity position of your property.  

Are you looking to sell as turn-key; if so you need to do repairs, get tenants on leases, and sell? 

I contacted the seller and was given the key codes to look inside the property, so I did and took many pictures.