Holding the property should pay down the loan and give us tax benefits. 

Rinse and repeat this process over time.

So I would rephrase the question as: what are the pros and cons of Kansas City for buy and hold small multifamily when my goal is cash flow or what are the pros and cons of Kansas City if my goal is fix and flip SFH with large margins on each project.

While I understand appreciation isn’t something I should necessarily bank on, but I am looking to hold for the long term and eventually relocate to the FL.

This particular rearrangement can be repeated many times as long you had reached the requirement of the 1031 Exchange.

Maybe begin with a simple buy-and-hold single family home or do a house-hack.

I just read an article recently that noted "Avg Profits For Flipped Homes" of $80,000, however when you dig into the article and their sources, "Profit" is simply Sale Price - Purchase Price...so it doesn't consider renovation costs, holding costs, financing costs, etc.

He said that you can still sell the home, and this would not hold you back in doing so. 

Investment Info:Single-family residence buy & hold investment.

In Columbus Ohio, there's so many great opportunities here for buy and holds, BRRRRs, flips, and STR/MTRs.