To get right to the good stuff, go to this Star Tribune link:
http://www.startribune.com/local/east/227925591.html
Jeff Skrenes, pictured above and NOT accused of plotting murder this week, blogs on the "Hawthorne Hawkman" blog but got his start right here on Johnny Northside as a guest author.
Back when the The Hawkman was working for this blog, he wrote a long and excellent article entitled "Property Investors Mark The High Point of Hawkman's Weekend" which featured a guy named Michael Mangen, a real estate investment guru running a "tour bus" through our neighborhood and giving advice to wannabe property investors.
Jeff's article was written during an era when real estate values in North Minneapolis were so depressed, mortgage foreclosures had changed the face of the neighborhood, and now actual bus tours were being given to look at the destruction and see some kind of opportunity. During the bus tour Michael J. Mangen said he liked Section 8 tenants because he had "leverage" over them. Oh, turns out he loved to have "leverage" indeed and just couldn't bear to give up control....
