Now, one side bar here - if you have a standard W2 job from a company that you do not OWN....then any loses from a Schedule E company do not matter.  

@Tommy Adeoye any suggestion on where to find such partner that's good with numbers and the market I'm looking at is New York.

@Tina Williams I work with a women from New York that invests in Huntsville.

I currently pay rent in West New York and am looking to make my purchase in Hudson County (North Bergen, West New York, Union City, Jersey City, Bayonne), Southern Bergen County (Cliffside Park, Fairview), and potentially Essex County (for the right deal). 

This is the turnkey I want to use, and here’s an example.https://www.paturnkeys.com/property/117-s-richland-ave-york-pa-17404/I ran the nearby comps, and I’m showing about 60k average.

To whom it concern, My name is Justin Hernandez. I am currently looking into helping a friend of mine, who is looking to sell a property. This property is a 6 story building with a few violation, the building also...

Even outside of Minnesota think New York, California or Washington D.C. for example.

Texas and Florida is a much lower bar to entry and have been seeing population growth.

However, that young millennial that works at a bar and lives paycheck to paycheck may have issues paying his $1700 a month "luxury" apartment rent in South Tampa.

They will be moving from these suburbs around the mid-size and larger cities (New York, DC, LA to some extent, SF, Boston, and more) and buying houses in retirement-friendly areas in Texas, Arizona, Florida, Nevada, etc..