@Manolo D.

See IRC Sec. 1274(d)If a Lender chooses to simply not charge a family member a rate of interest at least equal to or above the appropriate Applicable Federal Rate in effect at the time a family loan is made, the IRS may impute the interest by taxing the Lender on the difference between the Applicable Federal Rate and the interest rate the Lender actually charged. 

@Sunny D., I have decided to keep my initial investments close to home.

I was in Balt city this week quick trip so did not ping youOh man  that is a wild place in the C D areas.. :) 

@Manolo D.

Thanks Manolo D.    

This isn't for all investors as many with hit their loan limits with too many units, but that is when they can sell them individually or as a portfolio.There are many different ways of making money in the Minneapolis market I hope new investors will consider townhomes rather than D properties that are much too complicated for new investors.

Sanford n Son live in D class neighborhood .Do you want to deal with that genre?

I don't go for the C- & D neighborhoods, I prefer to stick to the B & C neighborhoods.

Where I am no landlord in their right mind would ever rent to them aside from D class properties.