You don't need to find the best city to invest in the US.

Like my title says, I am a dentist in the Kansas City area and am looking at real estate to be my retirement plan.

Contracting has been the biggest lesson learned.

Pros and Cons of the city would be greatly appreciated!

I’m mainly focused on the ATL/GA region but am open to exploring other cities too.A little about why I'm here: I’m an engineer by day and a real estate enthusiast by night.

.- To utilize the Mills Act requires a few things: An application (not free), inspections, and most importantly a contract with the city in which you promise to rehab and maintain the historic nature of the property.- The inspections are only 5 years, but tenants are not likely to take care of them home as well as you, and refurbishing hardwood, lath and plaster, and anything else is going to be much more expensive than the typical Landlord special (white paint, and grey LVP)It will all come down to making your numbers work.

@Michelle Hardy Just adding, check your local city too for their requirements, many have specific requirements that the state may not have.Here in VT in the towns my properties are in, there is not a requirement to keep them separate or pay interest. 

The biggest thing with this is if something major happens are you legally covered if the unit is illegally rented. 

My biggest frustration isn't with the deal failure itself, it's more with the operating performance of the GP and honestly I'm not sure how an LP can really determine this.

You can also take a car ride and travel to Dallas, Houston or Austin.I think NYC is a good city if you want to work and make a lot of money.