We aren't quite there yet, still finishing doing some restructuring.

We have a builder and the plans are very close to getting finished.

Starter homes (at least where I am) have gotten bigger over the years with more higher end finishes further increasing the costs. 

Paint & finished basement What was the outcome?

Now that the unit is finished, it's going to be listed for $2,450/month and the same model on similar lots are appraising for $410k.

So at a glance (quick), this seems to be interior products and finishes?

New roof, exterior painting, new flooring, bathroom updates, finished new living space What was the outcome?

Affordable relative to the rest of the US so great place to work remote or just enjoy a reasonable life without being hugely cost burdened Cons: A lot of older than 1980s construction (you 100% can be successful with these properties just have more to check during due diligence) Need to be mindful of market rents in the area and not overspend on renovations where there is not ROI to do so, you can’t usually exceed $2 sf on rental rates and average price per sf is 1.25-1.5 sf (neighborhood, unit type, and finish level specific).KC is not a boom and bust market, you don’t get the high highs or the low lows.

New roof, interior & exterior paint, finished additional living space What was the outcome?

If you are looking to passively invest I would recommend finding a company that is vertically integrated so you have one main point of contact from start to finish.