Because much of the population is in these urban areas, you'll find lots of opportunities here. Also, because of the population density, you're most likely to find the most multi-family options in these 2 cities

Some people like investing in areas where there are more owner-occupied areas, like you may find in the suburbs. Proximity to Minneapolis/St. Paul, and all the entertainment, jobs, & recreational activities it provides is also a plus.

Outside of the Twin Cities metro area, you'll find some smaller population hubs, such at St. Cloud, Rochester, Duluth and others. This is a good mix because you'll find many great options, yet they aren't located in the hustle and bustle of the Twin Cities, if that's not preferred.

While there may not be as many opportunities out there in these less densely populated areas, you'll find that there are still some really good deals to be had in these areas due to lower price points. We often find some of the best opportunities in these areas.

With a constant turnover of tenants from year to year, college towns provide great opportunities for owners to maximize opportunity knowing there will always be a high demand of students looking to rent year after year. Some examples in Minnesota include St. Cloud, Duluth, Mankato, Winona, Northfield, and others.