Kansas City Residential Turnkey Recommendations

[Tom Volpe]

Hi BP, 

I am new to the real estate investing world but have spent the last year learning more then I could have imagined through BP.  Just last week I purchased my first investment which was a Turnkey Town home in the Raleigh NC area.  It has been a great learning experience in that it forced me to go through all of the motions in isolating a geography of interest, closing on my first property, financial analysis and now screening tenants. 

Although I may not have optimized my return (176K LP/1.4K Rent) I was able to learn a lot and have what I consider to be a safe first investment.  Now I am looking to develop my RE portfolio with a specific emphasis on cash flow. I have seen a strong consensus that one of the better areas to consider for rent/turnkey operations is in the Kansas City area.  

I was hoping to gain some first hand perspectives/experience from others that have invested in this area.  I am interested in Here are some highlights I am hoping to accomplish: 

- Referrals of RE/PM companies/reviews

- Attesting that this is a promising area for turn key rentals 

- Specific neighborhoods that are attractive in the B-B+ area (what I have found most BP rental investors prefer) 

-Financials: Expected cash on cash return, vacancies, ROI, LP to RP

All thoughts are welcome!