There are several good programs for first time home buyers, but the best program will depend on several factors including credit score, income level, property type, presence of student loans and the amount of their payments vs the loan balance, your down payment, your job type, your job history, your time on the new job.Any estimate on how long i would have to be employed in Mn before possibly getting financed? 

This is because the state income tax will already bring them to $10,000.They may get a benefit at the state level for the property taxes.A discussion should be made what type of house they would buy and if they would have any itemized deductions(Medical or charity) besides the mortgage interest and Income/Property taxes.Otherwise, if the itemized deduction is marginally higher than the standard deduction, it wasn't the best tax write-off. 

It should help you navigate risk levels and expectations down there.

On a high level, do you guys look for buildings in a specific decade and up when investing?

Someone in this thread did mention loaning money, which, on some levels is interesting and on other levels seems just as hard as doing the BRRRR method, with capped upside.

If you are dealing with an addition built on 12" beams (or if the original foundation is old and not built to current standards), the repair company might not be able to push the piers down to refusal depth or psi due to the beam not taking the load, thus leveling it, but not guaranteeing it will not continue to move in the future, thus not providing warranty.9.

Three level townhome down to drywall and subflooring.

We will rent them out but there are certain levels of liability and insurance you need to be aware of. 

This is a perfect entry level property many people are after. 

@Roger Kelley I purposely left it vague as I'd like to discuss development at a 30,000' level - but to answer your question - yes, costs, hot areas, personal experience with different jurisdictions and ultimately whether you made any money!