OOS investor multi Kansa City

[Cynthia Archuleta]

I live in California. I own two sing fam properties for approx the past 15 years in A/B areas of Orange County/los Angeles. Now interested in 8 unit in C/C- that has already been renovated in Kansas City. Rents are positive. Is it not worth the hassle to deal with multi in these areas. Apprehensive due to area and unfamiliar. I'm going to fly out and tour area soon and hire a property management company. Advice?

[Laura Williams]

Not sure that exact cross street but generally anything on Prospect (unless it's that one block in Pendleton Heights) I would run not walk. In my opinion this area is more of an F ...not a C or C-.  If you're after higher cashflow than in an A or B neighborhood but yet still in a stable rental area then I would look at Grandview, Independence, Raytown, North of the River and the North East KC (above St John street)..maybe some areas around the new Cerner center might be OK too).