St. Louis Rental Investment

[Clayton Smith]

Hi, everyone! I'm just getting into real estate, and these forums have been HUGELY helpful! I live in Chicago, but am from STL, where the rest of my family still lives. Because St. Louis is a more reasonable market, price-wise, I'm thinking about purchasing rental properties there rather than here in Chicago, specifically a condo in the Washington Ave section of downtown. My sister is a professional property manager, and she would manage the property. I have two questions: 1. Is STL a reliable rental market these days? I'd love to hear any advice or stories anyone has about renting out space there! 2. Does anyone have words of warning and things to be on the lookout for when it comes to owning rental property in another state? Thank you so much!!