Cleveland, OH or Kansas City, MO?

[Jake Recz]

Hey guys. It's been a while. I've been looking around for some good areas to invest in. NJ is just out of reach. One property in a flood zone is enough risk for me. I'd like to venture out of state. Two areas that I have been looking at are Kansas City, MO and Cleveland, OH. Kansas seems to be a little cheaper, Cleveland a little on the higher side. I'm not trying to get into a war zone. Something in a working class neighborhood would be great. I've looked at NextGen Invest and they have a few properties available. I emailed them to get a list of what they currently have available. 

As for Kansas I looked at Five Star Wholesaling and they also have a few properties available in the $20k-$30k range. Almost sounds too good to be true considering the 23% COC they are promoting, or maybe I'm just not familiar with the area...? Any advice is greatly appreciated. Also, if you know anything about those two companies please feel free to share your experiences.

I'm looking to purchase a turn-key property. I have a rehab behind me that I did largely myself and maybe I could pull off another one off in NJ, but definitely not out of state. As I learned my lessons a little, I will most certainly be flying or driving out of state to see and feel the area before I spend my money anywhere. Street View is one thing but nothing can substitute walking the neighborhood and talking to people. 

Final question, considering everything above- Kansas or Cleveland? I definitely like the fact that Cleveland is a bit closer than Kansas in case I need to drive out there... But at the end of the day it's all in the numbers and those have to make sense.