Investment Info:

Single-family residence buy & hold investment.

Purchase price: $440,000

Cash invested: $17,000

Bought as a primary residence, now kids are grown up so currently renting basement ...

@Marc Rice We used to hang out in Banner Elk NC...small college there and 2 ski mountains.

@Adrian Rice hey adrian we actually connected before on a property in Capitol Heights on Addison Road I sold.

Thx to all who comment.Class A - Rice village, Montrose, Bellaire, Heights, Class B - Humble, clear lakeClass C - Greater Fourth ward, Class D - Sunny side, 

Quote from @Heidi Rice: @Jiebing Wang  Change your lease to have rent post and be due on the 25th of the month prior.

I didn't add very much value to this deal other than building the terrace, and stairs in the front yard.

Some of these groupings were more so to reduce length than for accuracy, so please correct me where necessary.PittsburghBluff/Terrace Village/Upper Hill/OaklandAllegheny/Manchester/Central NorthsideSwissvale/Braddock Hills/RankinSummer Hill/Reserve Township/Millvale/Spring GardenIndianapolisFountain Square/Bates HendrickArsenal Heights/Woodruff Place/Willard ParkAtlantaAdams Park/Cascade Heights/AudobanBeecher Hills/Mays/West Manor/Green Forest Acres/Green Acres Valley/East Ardley Road/Mangum ManorDetroitRosedale/GrandmontGreen Acres/Sherwood Forest/Palmer Woods/Unversity District/BagleyNorth End/HamtramckSince this is my first time, I was hoping to…Understand whether these are good markets for my criteria (or if there are others I should be considering).Hear about people’s experiences in and the state of these markets.Learn about any variables that I may have not considered, either in these specific markets or as a first time buyer.

Buy your rice and beans 50 pounds at a time.  

@Joseph Rice @Keith Thompson @James MasottiI appreciate it!

(the city of KC is very block by block...in a green zone, you can take an identical home, but move it .5 miles east or west, and get a 50-100k price difference). an example of a home that I would consider to be in a green zone is at 1928 E 81st Terrace, Kansas City, MO 64132 (if you want to zillow it), this is a good example of a property I would consider to be worth checking out...I would guess their is some underlying issue with it being listed for 75 with a tenant in place at 925, but still, with taxes only being 362, and being right on the edge of the highly sought after Waldo neighborhood, by the numbers seems like a good deal.There are plenty of other great homes to find for 50-100 in the KC metro, but generally speaking they on the outskirts of the metro, and the market rents will not justify the purchase price.