Saint Louis Missouri Investing

[Mark Debeyssey]

Good afternoon everyone!  

I was recently informed by a colleague that I should consider investing in single family and/or multifamily homes (as Rentals) in Saint Louis Missouri.  Given the wide range of expertise and talent that Bigger Pockets members have, I decided to post the following questions in the Forums in hopes of discerning some wisdom from fellow members:

• Is Real Estate investing in Saint Louis Missouri a good choice/safe market?

• How is the Real Estate market currently in Saint Louis Missouri in regards to inventory and price point on Single Family and Multifamily homes; is the ROI good?

• If investing in Saint Louis Missouri is a good choice/safe market, what are some zip codes one would suggest considering for either single family and/or multifamily homes?  

• What is the average Rental fee one can charge given said zip codes/regions suggested above?

Best Regards,

Mark D.