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Updated almost 7 years ago on . Most recent reply

Single Family Home Rentals in North County St Louis worth It?
I am a newbie looking to invest in my first buy and hold rental property in this area, since I live in the area and can manage it being close. As I learn to "run the numbers" I am finding many houses that are extremely affordable, meet many of "rule of thumb" criteria and are close to turnkey. I'm still learning how to read the market for this area (occupancy rates, rental % vs actual units, etc) and am wondering if anyone has found success investing in this area?
Most Popular Reply

I'm really interested in the Lemay Affton area. I don't currently have a rental there, but am actively seeking one. I believe you can still have aggressive numbers, higher safety, and better schools than other parts of St. Louis.
Might be worth looking into.