Kansas City 30-80k homes

[Zachary Morrell]

I am a newer investor and am contemplating investing in the Kansas City area.  I'd like to buy homes in the price range of 20k-80k some as a potential flip and others as a long term rental.  Has anyone done this before, and is there any advice on how to start.  I am a out of state investor with connections to this area.  I am also looking for any good contractors, real estate agents, and property management companies.  

Please feel free to connect with me if you have any info you are willing to pass on.

[Matt K.]

Good serivce providers are not going to waste time on the sub 50k stuff. 75-150/door is going to be realistic range for something in decent area with quality tenants. 

Like always there's exceptions to this ... But they aren't common and you aren't going to see them on MLS or from any pocket listing unless you have a established relationship with someone as a proven closer or toss them ton of refferals.

Side note, I don't do flips but I can tell you good labor is hard to come by right now... Construction is booming in KC. I also remember reading the competition on lower priced flips is nuts because everyone has easy access to moeny and wants to be a flipper. The better flips are higher dollar homes... Less competition but plenty of buyers..