Even some of the terminology/concepts I don’t know or understand.

Not everyone agrees with the concepts, but that’s part of it - learning what works for others and adapting it to work for you.

I currently have a freelancer working up business logo concepts, so I do not have a logo for my company yet to include on my mailers. 

Then the one hold out that never wanted to sell holds partial ownership with him, and he has the controlling interest.was a very interesting concept

I also don't think wanting to get paid is a California concept.

To keep it simpler, I think I’ll pick 2 or 3 of these locations.I’d really like to hear some lessons learned, suggestions or advise from investors that have properties in these areas.

Do your homework, understand the core concepts, and review a lot of deals.

I have done some reading, and I understand the concept of a "gift of equity", which I think could allow me to use some existing equity as a down payment for my own mortgage on the property.Here's what I am thinking:Appraised Value: $140,000Family member's mortgage balance: $90,000I purchase for: $112,500 (Pay off $90,000 mortgage, plus $22,500 down payment (20%) from gift of equity)Cash out of pocket: Closing costsEquity after closing: $140,000 - $112,500 = $27,500I am wondering if anyone is familiar with this process, especially in MN, and could let me know if that scenario makes sense.

A some what strange concept but true.Combine some smart savings with any extra you can earn from a side hustle and you will be surprised how quickly you can put a nest egg together.

This would be somewhat similar concept to price per sqft in the SFH world.MF brokers can supply that number but let's say it is 8%, for example.In that case, your current value is $235,450 ($18,836 NOI / 8% cap rate).