Hi BP community,I’m an out-of-state investor currently looking at a specific property in Kansas City, MO, in the Eastwood Hills East and Coachlight Square area (northwest of Raytown).

I’ve approached a local bank in Upstate New York offering a 30-year loan with a 10% down payment.

What part of the city are you located in?

Story:While looking into buying some land I stumbled upon a commercial building that was the first bank in the city.

like most cities, there's going to be a huge difference between neighborhoods and suburbs vs city properties. 

Talk to some of the Realtors in the city and ask them to define where the neighborhoods are and which neighborhoods they think are best.

The city's appreciation, vacancy rate, cap rates are truly unparalleled when compared to the other markets you’ve mentioned.

Each exchange starts the clock again, and you lose the tax benefit if you do not hold and rent out each property for enough time to satisfy the rules.6) I used a 1031 exchange lawyer in the city that I purchased in.

Louis, and various cities in AL. 

City Wide property mgt is who I deal with and honestly when I ask for real numbers and updates I get a lot of BS run around sales talk speech.