.: It has been a while Norada and Lane was on my "bizarre investment" watch list with their return level of post-usury level that can't be beaten or understood in this market in 21st century.Exactly!

What I do not control is the natural level of rents in any given market at any given time. 

Corporate transparency is already regulated at the state level.  

It has 3 units, an additional dwelling unit in the garden level, and 2 garage parking spaces (which I've come to realize are quite valuable where the property is). 

I could go on and on, but suffice to say the devil is in the detail, not in the high level split.

The key is understanding your comfort level with managing multiple units right out of the gate.. 

Just make sure they are familiar with your state tax laws if you have state-level taxation.5.

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.

Assets are performing well and hopefully in 4-6 years things will level off and we’ll see our return along the way at some point or at disposition.  

Most of us will go even higher...say 85%...but you have to get the property to cash flow at that level.