Practical Opinion on Saint Louis Market-Missouri

[Ndy Onyido]

Dear BP friends,

Does anyone here invest in Saint Louis Missouri?. I am looking for a practical ( not just internet research) on this market. 

1. what neighborhoods are likely candidates for cashflow?

2. what zip code to avoid?

3. What property type makes most cashflow ( triplex, duplex or SFR).

4. Should I rely on school district ratings to determine the neighborhoods?

Thank you

[Bob Hines]

There is some mixed advice in this post. Some good, some ok and some bad. 

The first thing to know about St. Louis is that there are actually two St. Louis'-St. Louis City and St. Louis County. Because of laws from a century ago, they are separate. There are actually 90+ different municipalities within those two as well. There is a North City and a South City. There is also a North County, South County and a West County. Each is very different from the others. Municipalities within those areas can be very different from others as well. Even neighboring ones. That contributes to the block by block nature of the region. It looks like there was some confusion about this above.

If I were to boil everything down to just one piece of advice for investing in St. Louis for those not living in the area, it would be this:

St. Louis investors aren't dumb.

Keeping this in mind will serve you well.