B and c neighborhood price range on sfr in the Midwest

[Jason Inks]

Hello everyone! New to bp and real estate investing. Thanks in advance for your time.

My fiancée and I our planning a move fairly soon to the Midwest, in order get a jumpstart on our real estate investing. Goal is to leave house here in washington state as a rental and buy a house to live in for a year to get a feel for the area and then move and make it a rental...hopefully rinse and repeat a couple of times over the next 5 years..targeting Kansas City with possibly St Louis as a back up plan. Anyways using realtor.com app and it’s so hard to tell what price range in these areas are considered b and c neighborhoods. Not looking to put much beyond cosmetic into 1st place. Would appreciate a rough price range if anyone can help. Thanks Jason

[Jake S.]

Hey Jason! Happy you can be here

Will your home in Washington cash flow if you have it as a rental? Are you confident it will? Just want to be sure it doesnt end up costing you money

I have a SFH in kansas city as a rental (I live in MN) and I have really had a good experience with it, it's in a solid area that cash flows. KC is a good area for a mix of cash flow plus potential appreciation and the market has seen 6% growth year over year.

I'd connect with a realtor who works with investors in the area and have them set you up with auto notifications when properties that meet your criteria hit the market.

You can get solid SFH in the $125-$200k range in KC