I’ve helped a lot of people from out of state and it’s almost always the super hands on types that struggle to let go and let a thing flourish via delegation. 

I still struggle with limiting beliefs but have gotten much better at escaping that mindset and continue to find ways to grow as a person and investor.I just turned 50 last month and can technically consider myself a millionaire and financially independent but I have no desire to stop working.

What I am struggling with now is WHAT DO I PUT ON MY POSTCARDS???

I'm familiar with the concept in terms of making an investment/financing decision, but I'm struggling to understand why you factored it into my theoretical ownership interest.Here is what I am thinking (probably incorrectly):  My sibling should consider their opportunity costs when determining whether to bank roll this project, because maybe they can do better elsewhere.  

That is something I have been struggling with.

The level of competition is deterring and leaving me struggling to get started. 

I am also open to moving to areas around Minneapolis as well, initially I thought we would struggle to save up enough for a down payment in those neighborhoods but we have been fortunate enough to land good jobs out of college and we have enough to put at least 10% down (with 6mo cash reserves) in almost any neighborhood and we will save some more before we move.Thanks in advance!

Hello!
If you’ve had success with REOs, Can you share your success and pain points? 
REOs seem like a super secretive, magical RE topic! :)

The good news is that we have a bunch of equity in our home now (~$400k) which i'm debating pulling out to purchase a duplex/triplex with, but I'm struggling with how to do that (insert LLC questions, financing questions, rates, cashflow, etc).

The added advantage that you will have if you do it yourself @Minji Kim is that you can advertise your rental as NO BROKER FEE - this opens up your tenant pool as many people struggle with coming up with all the cash needed (in NYC: 1st month rent AND security deposit AND broker fee).The broker fee is usually 1 month rent, so doing it yourself should help attract more people (as long as you don't charge a broker fee).