I have family in Kansas City, MO area so I thought that would be a good place to start since I could visit properties while visiting family.

Quote from @Ryan Brown: Your city has noise ordinances.

It all cash flows like a gold mine until the roof needs to be replaced, the main line goes, or you get your first turnover bill and need to upgrade a kitchen. 

Augustine city limits?

Cities and communities are also cracking down on people using homes for this.

Cities screw up all the time..

I live in NYC and started investing in Buffalo a few years back, mainly for the reasons that you mentioned. 

@Kris Lou Many factors go into PMC pricing:1) Locality (city/state)2) Neighborhood & Property Class (time to manage Class A < Class B < Class C < Class D)3) Property condition (slumlord properties hard to manage)4) Number of units (some economies of scale, but not as much as owners think)5) Owner expectations (some owners really want a personal assistant!)

I work with mainly buy and hold investors here in Cincinnati.

My family's 3 unit prewar building in Brooklyn recently had plumbing issues and I'm debating renovating each of the bathrooms. The bathrooms are very narrow so I was wondering if there's a requirement to have a bathtu...