No

I want my children to attend good school there and that comes at a cost.

Data science is no good without review by a subject matter expert, such as a local like yourself!

@Aj Yorkjust to be blunt - out of state is tougher than advertised, and cash flow is difficult in any market, even supposed "lower cost" markets like KC. 

Then literally hundreds of these of come across my desk seeking financing - and typically the pro forma looks great while the actual historical financials show almost no more profit than Simple long term rentals after paying management fees, higher interest rates necessary for these type properties, increased repairs and maintenance, and faster depreciation.There’s also a personal reason I don’t invest in these properties ( I DO finance them).  

To be perfectly honest, real estate investing, no matter the strategy, has always seemed like a far off dream despite all of the reading I’ve done.

There is no depreciation recapture for depreciation occurring before death upon sale by heirs.

Key metrics include After Repair Value (ARV), Repair Costs, and Maximum Allowable Offer (MAO).

I know a few places that do this but they are short term and are costly but it can be done.

PML and the other lending sources typically have different programs they offer that are less strict on underwriting but that additional risk comes at a cost of usually lower LTV, higher rate, higher points, and shorter duration (think 9-18 month loans instead of 30 year loans).