Kansas City: Growing Upscale Rental Market

[Paxton J.]

I'm researching the KC market for a cash-flow property and although it appears to be a good area for this, I found an article that confirmed the hot rental market but moreso in the upscale areas. My price point is $100k max for a SFH but if I find a duplex or multi-family, it'd be ideal. My concern is that with the demand for more amenities and such that this article speaks about, I'd be uncertain I'd find renters.

Any thoughts and insights would be greatly appreciated.

Here's the link-

http://www.kansascity.com/news/business/development/article69420982.html

[Andrew Syrios]

A $100,000 max will not put you in the upscale rental areas, but it will put you into some very solid ones such as Raytown, Grandview, the waldo area, Olathe, Gladstone and maybe the older parts of Lee's Summit if you're lucky. These areas rent well and don't need spectacular amenities, they just need to be solid, well kept homes or apartments.