It’s on the rise but you just have to be selective regarding location and try to go for turnkey or keep it minimal regarding rehab  So you don’t have a nightmare story trying to manage a rehab from Out of Town. 

I'm guessing it's the winter and the location.

I currently work for a property management company also located in the Midwest so please reach out if you have any questions!

In a market like Kansas City you can get $150 per month cash flow on average with the right multifamily property and right location.

Purchase price: $450,000 Cash invested: $450,000 Centrally located near Shopping, Entertainment, Transportation and much more.

How much of a pain will it be to manage tenants?

They go through a management company, M.

Norfolk is where the majority of multifamily inventory is located, Virginia beach is zoned much more single family. 

There are some locations to stay away from but almost every single sub market of KC has value and increasing rents.

In fact, these properties might be located anywhere-perhaps even in neighborhoods slated for look growth.