Cape Girardeau, MO

[Brandon Allenczy]

Hey BP!

For those that haven't seen me before, my name is Brandon and I'm a rental property investor in Hagerstown, MD. I own 1 househack, 1 duplex rental, and am looking to grow my portfolio more this year.

I have family in Dexter, MO and when we visited this past year we spent a good amount of time in Cape Girardeau. I'd been before, but it caught my interest this time as a potentially good market for something like co-living. To me, it seems like an inexpensive university town where you could buy a single family home, then rent by the room to college students or young professionals. 

Does anyone have any experience with Cape and can tell me their perception of the market? Is SEMO a big enough university that Cape would have enough demand for something like this? Anyone in the market, I'd love to hear your thoughts!