Buy and Hold in St. Louis (South City & South County)

[David Miller]

Hi, I’m a new investor, looking to house-hack in South City and ultimately buy and hold long term. I found a duplex in Holly Hills. Any information on this area and the future of it far as value and growth? I noticed this neighborhood has higher taxes than most areas on the south side, so it’ll be difficult to cash flow the first year or two. If it’s equitable and will hold value I don’t mind. But I can’t help but wonder if I would be better off starting in an up and coming, less-developed neighborhood on the south side or even in South county. My goal is to get up to 10 units and create cashflow but I also want equity.

Any tips or opinions would be greatly appreciated.

Thank you