Buying an investment property (non owner occupied) will require at least 20% down and with median prices in the mid $400k range, you have a long way to go to save for your down payment.

Kansas City Ordinance 231019, also known as the Source of Income Ordinance, was introduced in mid-December 2023 and focuses on preventing discrimination against renters based on their source of income.

Hey Erick not yet but we’re planning for something mid July.

I also changed direction in mid-stream. . .Homeowners were a young couple with a newborn.

@Duy Xuan Do, your logic makes sense on the house hacking front, but I would really encourage you to explore other types of rental strategies, such as mid term renting or rent by the room.

This could result in class action lawsuits where tenants of a building file together and basically wipe out even mid-sized landlords. 

It make no sense to me and multi-unit (5+) are typically cheaper that the 1-4 units on a per unit basis.As for MTR - I have a property I considered going the mid term rental route.

Have you considered turning the property into a mid-term rental?

The support from the RTR team has been invaluable.Looking ahead, I'm eager to explore creative opportunities in real estate, particularly with the unique mid-term rental options in San Antonio.

I dont agree with this thought process never have never will.. its all situational.. or as they say in RE location location location.in markets with slow to historic negligible appreciation sure it does not take a rocket scientist to run the math that if your negative cash flow and the house is not going up its not the greatest investment your value play there is tenant is paying off the majority of the property and your getting some tax bene's if its not bare land.If we used this thought process IE the only good deals are ones that are positive cash flow day one with max leverage  80% loans then as @Russell Brazil states no one would invest in the majority of the east cost and West coast and well Denver and other select cities.. everyone would be in the Rust belt and mid west or deep south in C class properties. wealth is created for most investors with appreciation full stop.. because most investors cant buy enough property or doors to make a difference when cash flow is 200.00 a month your not going to retire on that. your going to retire on paid for nicely appreciated property.