Do your research of the neighbourhood for crime stats, rentals versus owner-occupants, sometimes cities provide this information or other data sites.My first rental was in a questionable area, and it was quite a learning experience.

I'm mostly interested in smaller markets outside the Twin Cities (Duluth/Superior, Mankato, Rochester, St Cloud). 

The pros that I like are: longer leases, dealing with businesses not people, NNN leases and most houses in MN are quite old especially outside the cities.

North Richmond is tougher than the iron triangle, but it is unincorporated so it falls under County of Contra Costa and not under City of Richmond tent control which is a big plus.  

Have your parents and you buy together an rental property in Twin City.

We are looking to get into residential for the foreseeable future and I understand each city/area is specific to itself.

In Baltimore City, there is a convenient section 8 landlord packet that the city provides.  

In South Lake Tahoe, in order to rent out your place short term, you need a VHR permit from the city. 

@Tim LaBelle You are correct, we are not quite as agressive as most of the costal cities, but like Rebecca said the North Shore is one of the most desirable neighborhoods in Milwaukee, properties in good condition go fairly fast, typically in days and we have seen some solid appreciation in the last years.

Really helpful to hear from those that have more experience in the city.