Another bonus for MN I was reflecting on recent, no natural disasters, like hurricanes, tornadoes, earth quakes, floods, etc, & Hennepin County has had extremely stable prices for a regionally expensive market as compared to the costal markets, Denver, etc. 

In all multi-unit properties, checking on who is responsible for what utilities should be among the very first steps you take because these have potentially enormous implications on the value of the investment - this is particularly true of heat/AC in extreme climate areas.

I have tenants ranging from extremely low income (section 8) to 6-figure-earning professionals... and the low income tenants' usage is nearly always the highest whereas the high earners' usage is nearly always the lowest.

., but you have to bring SOMETHING to the table. ...regardless of what type of value you bring, it has to be sufficiently valuable for the mentor to benefit (and if the mentor is a highly experienced and successful RE investor, their time is extremely valuable, so they ain't gonna come cheap!). 

Most of them believe we haven't seen the full effect of the rate rises yet on prices, so they are all just extremely nervous, since like Mike mentioned, most of them were there during 2008. 

But the contract prices are still ahead of the appraised values, so traditional financing is a problem.I should also mention that I am referencing an extremely desirable short term rental region.

These are people I trust and know extremely well.

Learning is vital to this business. 

I will follow that up with , only get it if you are looking to get into sales and help others, if you are just getting it to buy and sell your own properties, it is likely that a full time agent, with extreme market knowledge would be worth their weight in gold. 

It works extremely well