There are lots of lemons in the various center city areas. 

They couldn't get a construction loan and were constantly blaming the cities being tough on their permit process.

Absolutely, the passive income from owning rentals is great but I also love getting into big projects and seeing the transformation from start to finish@David Jesperson What city/market are you looking to buy and what type of properties are you looking for, SF, 2-4 MF, or 5+ MF?

One of the other factors that kept me from pulling the trigger is that the city has never passed any real STR regulation.

It’s located in Midwest City Oklahoma, rent for this house works easily be $850/month.

That said, I wanted to share my story about how I found an out-of-state property, got it rented, and set it on autopilot.BackgroundI’m in my late 20s, living in a very high cost of living city and working in tech.

You also mentioned meters, do you have to separate meters, get approval from the city and pull permits?

I created a guide to the Kansas City Area that will hopefully be helpful for others looking to invest in Kansas City! 

Worried about the city cracking down.  

Odds are your newer builds are on the outskirts of a city into the suburbs where people fight to get a property if it’s affordable.