Purchase price: $1,900,000 Cash invested: $750,000 12 bedroom, 12 1/2 bath, home built in 1905 that was previously a rooming/boarding home.

Trash pickup - bags on the street in MO vs bins in KSRoad conditions and plowing - better roads and more frequent plowing in KS Years of construction - Kansas is mostly 1960s and newer, MO has the older buildings - 1900s and newer.

I generally rule out most single family homes as viable rentals, as prices are pretty high relative to rents, so aside from some downtown neighborhoods, typically you do not find large areas of single family rental neighborhoods (a median sale price on a 3 bed, 2 bath home so far this year in Dane County on MLS sales data is at $430k). 

I came across a 2-flat with a basement that has been converted into garden unit with 3 bedrooms and kitchen and bath.

Transients would wander the streets and take tools from the yard when no one was looking.

Hi @Wale Lawal - I am looking for 3 bdrm/2 bath. 

This is a 2500 sq foot 3 bed 2 bath both sides.

There’s a huge and badly needed street project coming over the next few years on the main drag in the near west part of town - W.

Is it on a busy commercial street or surrounded by other non residential uses?

Small college town, 10k-30k people, anywhere from 80k-160k will get you a nice 3 bed 1 bath house.