There are acronyms that have grown so familiar that they are more like words than the phrases they represent (think “SCUBA” for self-contained underwater breathing apparatus or “laser” for light amplification by stimulated emission of radiation). Minneapolis REO properties aren’t in that category. For instance, REO homes aren’t located next to a river with a Spanish name. Most people have never heard of REOs, although they are familiar with what they stand for.
When you buy a property as a Minneapolis rental real estate investment, you join the world of investors who recognize the value of an investment that’s as solid as the ground we walk on—one with the additional advantage of providing a steady cash dividend. With those dual advantages, you’d wonder how other investments can offer much competition, were it not for one major consideration: your time.